Beijing: China's Central Bank kept its policy interest rate constant on Wednesday. The bank's one-year loan prime rate remains at 3.1%, while the over-five-year rate holds steady at 3.6%. According to Anadolu Agency, in October, the People's Bank of China lowered its policy interest rate by 25 basis points to 3.1%, surpassing market expectations. Previously, the rate was reduced from 3.45% to 3.35% in July, and it remained unchanged during August and September. Furthermore, the annual inflation rates in China have shown a gradual decrease, moving from 0.6% to 0.3% between August and October.