China keeps 1-year LPR at 3.0%, 5-year-plus rate at 3.5%

(ECNS) -- China's one-year loan prime rate (LPR) remained at 3.0% on Tuesday, while the rate for loans with terms of more than five years was unchanged at 3.5%, according to the People's Bank of China, the Central Bank.

The rates will remain in effect until the next LPR announcement.

(By Gong Weiwei)