On the one hand, the basic interest rate and floating range of bank loans are set by the central bank. In fact, only qualified financiers can get bank loans, and the financing cost is relatively low.
On the other hand, with the development of financial market, market-oriented financial products such as trust provide financing channels for small and medium-sized enterprises and real estate projects that are difficult to obtain traditional bank loans. Due to the high interest rate, non-bank wealth management provides investors with much higher income than bank deposits limited by the central bank's interest rate.