Legal analysis: According to Chinese laws, the annual interest rate of loans from 0 to June (including June) is 4.35%, that from June to June +0 years (including June +0 years) is 4.35%, and that from June to June +0 to 3 years (including 3 years) is 4.75%, and that from 3 to 5 years (including 5 years). On this basis, there will be appropriate downward floating or upward floating.

Legal basis: Article 28 of the Law of the People's Republic of China on the People's Bank of China, the People's Bank of China may decide the amount, duration, interest rate and method of commercial bank loans according to the needs of implementing monetary policy, but the loan term shall not exceed one year.

Article 14 of the Internal Management Rules for Foreign Exchange Loans of Fixed Assets of the People's Construction Bank of China, the loan interest rate for foreign exchange projects of the Construction Bank is determined according to the relevant regulations of the People's Bank of China, the fund raising cost of the Bank and the level of its peers, and it fluctuates for 3 months and 6 months respectively. The borrower can choose the floating term at will. China Construction Bank should keep abreast of the changes in foreign exchange loan interest rate and accurately determine the project loan interest rate.