The People's Bank of China (PBoC) has set up a fintech committee. China kept its key lending rates unchanged Thursday, as Beijing prioritizes financial stability over interest rate easing to bolster the economy. The People's Bank of China held the 1-year loan prime rate unchanged at 3.1%, and the 5-year LPR at 3.6% The benchmark lending rates — normally charged to banks' best clients — are calculated monthly based on designated commercial banks' proposed rates submitted to the PBOC. The one-year LPR influences corporate loans and most household loans in China, while the five-year LPR serves as a benchmark for...