This means that the cost of future loans may be lower, but don't always compare blindly. What's the difference between foreign loans and our loan interest rates? Countries have different economic development environments. Do you compare this together? Just like comparing which country's currency is more valuable when converted into RMB, the consumption environment in different countries is different, so the big signal of China now is to gradually reduce the interest rates on loans and deposits. Let the money flow gradually, so that there can be more funds in the market and the economic development can be better promoted.
It can be said that China has the highest per capita savings rate, that is, most people are making money, because the people of China are called the most hardworking people in the world. Therefore, most countries can't compare with us when it comes to diligence. Then why do so many people in China work hard to make money, and then the consumption in China is not high? Because most people choose to save money, he earned 6.5438+million a year, he may have spent 6.5438+million, and the rest were saved. This improves the individual's ability to cope with risks, but it is not good for economic development, because he saved the money, which means that the money lost its liquidity and withdrew from the market.
Stimulating the development of market economy is inseparable from consumption and investment, and the premise of consumption and investment is that we have enough money and the loan interest rate is low, so that everyone can get funds at a lower cost. The deposit interest rate is so low that everyone thinks that it is not worthwhile for me to make some other investments or spend this money in the bank, which has stimulated the development of the market economy in a certain sense.