Legal analysis: by reducing RRR, the first thing is to increase the liquidity of the market, so that commercial banks have stronger credit supply capacity. After the reserve is lowered, the bank's funds are relatively more abundant, which is conducive to credit supply; Secondly, the liquidity of funds is relatively loose, which helps to reduce the market interest rate. After the deposit reserve ratio is lowered, commercial banks can get a cost reduction of about 654.38+0.5 billion yuan. After the cost is reduced, it will also help banks to provide lower financing costs and provide credit for future funds. At the same time, it is not excluded to reduce the financing cost of enterprises, so the MLF interest rate will be lowered in the next step to affect the downward adjustment of the traction LPR interest rate.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 258 State-owned property is protected by law, and it is forbidden for any unit or individual to occupy, plunder, privately divide, intercept or destroy it.

Article 265 Protection of Collective Property Rights Collectively owned property is protected by law, and it is forbidden for any unit or individual to occupy, plunder, privately divide or destroy it. Where a decision made by a collective economic organization, a villagers' committee or its responsible person infringes upon the legitimate rights and interests of a collective member, the infringed collective member may request the people's court to revoke it.