The benchmark interest rate in China was last recorded at 4.35 percent. It was last cut by 25 basis points in October 2015. On September 27th 2018, the People’s Bank of China left interest rates for open market operations unchanged even after the Federal Reserve s decision to tighten monetary policy. The rate for 7-day reverse repurchase agreements remained at 2.55 percent, the 14-day tenor at 2.70 percent and the 28-day tenor at 2.85 percent, the central bank said in a statement on its website. Interest Rate in China averaged 6.15 percent from 1996 until 2018, reaching an all time high of 10.98 percent in June of 1996 and a record low of 4.35 percent in October of 2015.

Interest Rate in China is expected to be 4.35 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in China to stand at 4.50 in 12 months time. In the long-term, the China Interest Rate is projected to trend around 5.50 percent in 2020, according to our econometric models.

China Interest Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2015-06-27 10:00 AM Interest Rate Decision 4.85% 5.1%
2015-08-25 11:20 AM Interest Rate Decision 4.6% 4.85%
2015-10-23 12:25 PM Interest Rate Decision 4.35% 4.6%


China Money Last Previous Highest Lowest Unit
Interest Rate 4.35 4.35 10.98 4.35 percent [+]
Cash Reserve Ratio 14.50 14.50 21.50 6.00 percent [+]
Money Supply M0 7060.00 7010.00 8659.86 17.85 CNY Billion [+]
Money Supply M1 54350.00 54010.00 54390.00 74.51 CNY Billion [+]
Interbank Rate 3.62 3.47 9.89 0.00 percent [+]
Money Supply M2 181320.00 179556.16 181320.00 5840.10 CNY Billion [+]
Central Bank Balance Sheet 358337.97 366229.75 366229.75 34443.90 CNY HML [+]
Banks Balance Sheet 1250.00 697.00 2900.00 -32.10 CNY Billion [+]
Foreign Exchange Reserves 3061697.00 3053098.00 3993212.72 2262.00 USD Million [+]
Loans to Private Sector 15200.00 7288.00 37095.00 -974.00 CNY HML [+]
Deposit Interest Rate 0.35 0.35 3.15 0.35 percent [+]
Loan Growth 13.10 13.10 34.44 10.60 percent [+]
Reverse Repo Rate 2.55 2.55 4.40 2.25 percent [+]
Loans To Banks 1334507.89 1327637.38 1334507.89 413413.10 CNY HML [+]
Fixed Asset Investment 5.90 5.70 53.00 5.30 percent [+]


China Interest Rate

In China, interest rates decisions are taken by The Peoples' Bank of China Monetary Policy Committee. The PBC administers two different benchmark interest rates: one year lending and one year deposit rate. This page provides the latest reported value for - China Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Interest Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.35 4.35 10.98 4.35 1996 - 2018 percent Daily




Country Last Previous
Argentina 59.16 Dec/18
Turkey 24.00 Dec/18
Mexico 8.00 Nov/18
Russia 7.75 Dec/18
South Africa 6.75 Nov/18
Brazil 6.50 Dec/18
India 6.50 Dec/18
Indonesia 6.00 Nov/18
China 4.35 Nov/18
Saudi Arabia 2.75 Nov/18
United States 2.25 Nov/18
Singapore 1.97 Nov/18
Canada 1.75 Dec/18
South Korea 1.75 Nov/18
Australia 1.50 Dec/18
United Kingdom 0.75 Nov/18
Euro Area 0.00 Dec/18
France 0.00 Dec/18
Germany 0.00 Dec/18
Italy 0.00 Dec/18
Netherlands 0.00 Dec/18
Spain 0.00 Dec/18
Japan -0.10 Nov/18
Switzerland -0.75 Dec/18


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