Legal analysis: for financial institutions, the benchmark interest rate for one-year loans is 4.35%, the interest rate for one to five years is 4.75%, and the interest rate for five years or more is 4.90%; The aforementioned benchmark loan interest rate is the specific interest rate stipulated by the People's Bank of China, but at present, domestic banks have the right to appropriately float on the basis of the determined benchmark loan interest rate. Therefore, in domestic loans, lenders should pay attention to the interest rates actually announced by banks, and sometimes there will be preferential activities.

Legal basis: Article 23 of the Law of the People's Republic of China on the People's Bank of China, the People's Bank of China can implement monetary policy by using the following monetary policy tools: (1) requiring banking financial institutions to deposit reserves in a prescribed proportion; (2) Determining the benchmark interest rate of the central bank; (3) handling rediscount for banking financial institutions that have opened accounts with the People's Bank of China; (4) Providing loans to commercial banks; (5) buying and selling government bonds, other government bonds, financial bonds and foreign exchange in the open market; (6) Other monetary policy instruments determined by the State Council. The People's Bank of China may prescribe specific conditions and procedures when applying the monetary policy tools listed in the preceding paragraph for the implementation of monetary policy.