[Central Bank: Transform from a relatively simple reference to the Loan Prime Rate (LPR) pricing to a more diversified pricing benchmark] On November 11, the Central Bank released China’s monetary policy implementation report for the third quarter of 2026, deepening the market-oriented reform of interest rates, continuing to optimize the short-end interest rate control mechanism, and smoothing the transmission channels of monetary policy. Promote the reform of loan interest rate pricing benchmarks, transform from a relatively simple reference to the loan market prime rate (LPR) pricing to a more diversified pricing benchmark, and guide financial institutions to explore the issuance of floating interest rate loans linked to DR001. Strengthen the implementation and supervision of interest rate policies, continue to carry out law enforcement inspections on the implementation of interest rate policies and on-site assessment of pricing capabilities of financial institutions, and promote financial institutions to improve their interest rate pricing capabilities. Give better play to the role of the market interest rate pricing self-discipline mechanism, effectively implement various interest rate self-discipline initiatives, and maintain the order of market competition. Continue to deepen the work of clearly stating the comprehensive financing costs of corporate loans, reduce financing intermediate costs, and promote the low-level operation of comprehensive social financing costs.