China's central bank has maintained its benchmark lending rates steady for the second consecutive month in July 2025. The one-year Loan Prime Rate (LPR), a market-based benchmark lending rate, remains unchanged at 3.00%, while the five-year LPR is held steady at 3.50%. This decision aligns with market expectations following a rate cut in May. The People's Bank of China cited lingering weak consumer sentiment, banks' margin pressures, and external uncertainties as factors influencing the decision to keep rates at record lows. The National Interbank Funding Center confirmed the unchanged rates, reflecting a cautious approach as the Chinese economy continues to monitor the impact of previous stimulus measures.