It is worth mentioning that the market has long expected the People's Bank of China to cut interest rates this year, but the MLF (Medium-term Lending Facility) and LPR (Loan Market Reference Rate) cuts still failed in December. However, with the sharp narrowing of the interest rate gap between China and the United States, the Chinese economy still needs further boost, and the state-owned banks cut deposit rates again last week, it is expected that the MLF and LPR interest rates will be lowered at the beginning of next year. #CommunityAMA