China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.0 percent on Monday, unchanged from the previous month.
The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.5 percent, according to the National Interbank Funding Center.
LPRs reflect the level of financing costs for households and businesses, with lower rates meaning less burdens for borrowers and stronger support for economic activity.
China's loan prime rates remain unchanged
Russia said on Sunday that its armed forces were advancing across the entire frontline and had secured multiple advantageous positions, while Ukraine, on the same day, confirmed that its troops withdrew from several positions in the Sumy region.
The Russian Ministry of Defense said in its latest report that over the past 24 hours, the Russian forces had struck Ukrainian military-industrial enterprises, as well as energy, transportation, and storage infrastructure supporting Ukrainian military units.
The strikes also targeted Ukraine's long-range drone assembly sites and temporary deployment locations of the Ukrainian armed forces and foreign mercenaries, the ministry said.
Also on Sunday, the General Staff of the Armed Forces of Ukraine said that due to the rapid advance of the Russian troops, Ukrainian forces had withdrawn from multiple positions near a village located on the border with Russia in Krasnopillia community of the Sumy region.
The Ukrainian troops had continued to conduct operations in the border area, inflicting losses on the Russian personnel, and the Russian forces were currently under fire from the Ukrainian forces, the Ukrainian side said.
Russia reports advancement across entire frontline, Ukraine confirms withdrawing from Sumy positions
