Central Bank RatesChina: central bank policy rate
Last updated:
Policy rate3.00%Oct 6, 2026
For information only. Figures are reproduced from the cited sources, may be delayed or contain errors, and are not advice of any kind. Always check the original source. This is not investment advice. Translations on this site are not official BIS translations.
SinceMay 20, 2025cut -10 bp
1 year ago3.00%
Last 2 years (daily values)
Policy rate since 2000 (month-end values)
All changes since 2000
| Date | From | To | Change |
|---|---|---|---|
| May 20, 2025 | 3.10% | 3.00% | cut -10 bp |
| Oct 21, 2024 | 3.35% | 3.10% | cut -25 bp |
| Jul 22, 2024 | 3.45% | 3.35% | cut -10 bp |
| Aug 20, 2023 | 3.55% | 3.45% | cut -10 bp |
| Jun 20, 2023 | 3.65% | 3.55% | cut -10 bp |
| Aug 20, 2022 | 3.70% | 3.65% | cut -5 bp |
| Jan 20, 2022 | 3.80% | 3.70% | cut -10 bp |
| Dec 20, 2021 | 3.85% | 3.80% | cut -5 bp |
| Apr 20, 2020 | 4.05% | 3.85% | cut -20 bp |
| Feb 20, 2020 | 4.15% | 4.05% | cut -10 bp |
| Nov 20, 2019 | 4.20% | 4.15% | cut -5 bp |
| Sep 20, 2019 | 4.25% | 4.20% | cut -5 bp |
| Aug 20, 2019 | 4.35% | 4.25% | cut -10 bp |
| Oct 24, 2015 | 4.60% | 4.35% | cut -25 bp |
| Aug 26, 2015 | 4.85% | 4.60% | cut -25 bp |
| Jun 28, 2015 | 5.10% | 4.85% | cut -25 bp |
| May 11, 2015 | 5.35% | 5.10% | cut -25 bp |
| Mar 1, 2015 | 5.60% | 5.35% | cut -25 bp |
| Nov 22, 2014 | 6.00% | 5.60% | cut -40 bp |
| Jul 6, 2012 | 6.31% | 6.00% | cut -31 bp |
| Jun 8, 2012 | 6.56% | 6.31% | cut -25 bp |
| Jul 7, 2011 | 6.31% | 6.56% | hike +25 bp |
| Apr 6, 2011 | 6.06% | 6.31% | hike +25 bp |
| Feb 9, 2011 | 5.81% | 6.06% | hike +25 bp |
| Dec 26, 2010 | 5.56% | 5.81% | hike +25 bp |
| Oct 20, 2010 | 5.31% | 5.56% | hike +25 bp |
| Dec 23, 2008 | 5.58% | 5.31% | cut -27 bp |
| Nov 27, 2008 | 6.66% | 5.58% | cut -108 bp |
| Oct 30, 2008 | 6.93% | 6.66% | cut -27 bp |
| Oct 9, 2008 | 7.20% | 6.93% | cut -27 bp |
| Sep 16, 2008 | 7.47% | 7.20% | cut -27 bp |
| Dec 21, 2007 | 7.29% | 7.47% | hike +18 bp |
| Sep 15, 2007 | 7.02% | 7.29% | hike +27 bp |
| Aug 22, 2007 | 6.84% | 7.02% | hike +18 bp |
| Jul 21, 2007 | 6.57% | 6.84% | hike +27 bp |
| May 19, 2007 | 6.39% | 6.57% | hike +18 bp |
| Mar 18, 2007 | 6.12% | 6.39% | hike +27 bp |
| Aug 19, 2006 | 5.85% | 6.12% | hike +27 bp |
| Apr 28, 2006 | 5.58% | 5.85% | hike +27 bp |
| Oct 29, 2004 | 5.31% | 5.58% | hike +27 bp |
| Feb 21, 2002 | 5.85% | 5.31% | cut -54 bp |
Which rate is shown (BIS notes, in English)
From 20 Aug 2019 onwards: Loan Prime Rate (1 year): from 1 Jan 1996 till 19 Aug 2019: Official lending rate (1 year).
Changes by year
Method
We download the BIS daily policy-rate series (WS_CBPOL). A change is recorded on the first day the published value differs from the previous day's value. Series that ended (for example euro area members before joining the euro) are not listed. bp = basis points (0.01 percentage point).
About this page
The policy rate of China is 3.00% (BIS data as of Oct 6, 2026).