On November 28, the Bank of China Research Institute released the "2025 Economic and Financial Outlook Report." The report predicts that in 2025, China's overall interest rate level will remain low for three main reasons. First, the foundation of economic recovery still needs to be further consolidated, and stabilizing the economy remains a top priority. Second, the pressure on banks' net interest margin may ease, creating better internal conditions to maintain a lower interest rate level. Third, major economic entities in Europe and America have successively started interest rate cuts, creating a more suitable external environment for China to maintain a lower interest rate level in 2025. Considering the above factors, it is expected that the money market interest rates, deposit and loan rates in 2025 may remain stable with a possible decrease.