PANews reported on May 7 that the People's Bank of China decided to lower the re-lending rate by 0.25 percentage points from May 7, 2025. After the reduction, the 3-month, 6-month and 1-year re-lending rates for supporting agriculture and small businesses will be 1.2%, 1.4% and 1.5% respectively, the mortgage supplementary loan rate will be 2.0%, and the special structural monetary policy tool rate will be 1.5%.