LPR double reduction refers to the two reductions of LPR interest rate in the loan interest rate given by commercial banks, which means that the loan interest rate will be further reduced. This is a policy introduced to ease the downward pressure on the economy, with the purpose of promoting inter-bank capital flows and supporting the development of the real economy. After the implementation of this policy, the cost of RMB loans has been reduced, which has a good promotion effect on economic development.

The double reduction of LPR is a positive policy that can have a positive impact on domestic economic development. By reducing loan costs, banks can better meet the needs of the development of the real economy, while speeding up capital flows and providing more preferential loans to enterprises, thereby promoting the sustainable development of the national economy.

The implementation of the double reduction of LPR has reduced loan interest rates, which is a rare opportunity for companies with rapid business expansion. At the same time, this policy also encourages financial institutions to better understand the financing needs of small and micro enterprises and strengthen financial services for small and medium-sized enterprises. It is foreseeable that the double reduction of LPR will help promote the development of my country's real economy and further promote the integration of finance and economy.