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"Even if the benchmark interest rate remains unchanged at 4.9 percent, the practical lending rates are not at a constant level of 4.9 percent," said Wang Yiqin, general manager of the asset management division of New Times Securities Co Ltd.
"Education is a top priority in China and families invest heavily both in resources and time to provide their children with the best education possible."

"Due to its improved consumption structure, rising labor costs and population ageing, prices of education, medical services and household services have all risen continually," he said.
"During the outbreak, I got into healthier eating habits. I started to care much more about my parents' feelings and had video chats with them regularly. I needed to console them sometimes. I found that the way to conquer fears is to search for the facts online and follow the correct advice," she said.
"Despite China's sustained efforts to control the epidemic, the spread of the virus across the globe has made it difficult to predict the magnitude of its impact on both China and the global economy," Gao said during a news conference in Beijing, adding that there's tough work ahead.
来源:资阳报