The work meeting on the self-regulatory mechanism for market interest rate pricing was held in Beijing. Key members from the interest rate self-regulatory mechanism, other national banks, and relevant officials from the secretariat participated in the meeting. The Deputy Governor of the People's Bank of china, Xuan Changneng, attended the meeting and delivered a speech. The meeting emphasized the need to fully leverage the important role of the interest rate self-regulatory mechanism, effectively maintain market competition order, ensure smooth transmission of monetary policy, and continuously enhance the quality and effectiveness of financial services to the real economy. Strengthen the implementation of interest rate policies, standardize the pricing behavior of financial institutions, and promote the improvement of independent and rational pricing capabilities of financial institutions. Strictly adhere to self-regulatory agreements; deposit rates must not violate regulations for manual interest compensation, and loan rates must conform to risk pricing principles. Financial institutions must earnestly implement the two self-regulatory initiatives that were reviewed and approved, communicate and explain effectively to customers, and pass the effect of stabilizing liability costs down to the loan side, increasing support for the real economy, and promoting efficient allocation of financial resources. Provincial-level interest rate self-regulatory mechanisms should supervise financial institutions within their jurisdictions to implement these measures synchronously.