【中文版】

LPR是贷款市场报价利率的缩写，是中国新推出的贷款利率体系。在这个体系下，贷款利率将由LPR决定，而不是由银行自行决定。LPR是由具有代表性的报价行根据本行对最优质客户的贷款利率，以公开市场操作利率（主要指中期借贷便利利率）加点形成的方式报价，由中国人民银行授权全国银行间同业拆借中心计算并公布的基础性的贷款参考利率。

LPR的特点是市场化程度高，能够充分反映信贷市场资金供求情况。通过市场化方式传导货币政策，推动贷款利率进一步市场化。对于借款人来说，LPR的实施可以带来更灵活的贷款利率，降低借款成本，提高借款效率。

LPR的实施对于银行来说也具有重要意义。银行可以通过LPR更好地传导货币政策，提高信贷业务的透明度和规范性。此外，LPR的实施还可以促进银行间的竞争，提高银行的综合服务水平。

总的来说，LPR是中国贷款利率体系的重要创新，能够更好地适应市场化改革的要求，推动金融市场的发展。

【英文版】

LPR is the abbreviation of Loan Prime Rate, which is a new loan interest rate system launched in China. Under this system, the loan interest rate will be determined by LPR instead of the bank's own decision. LPR is a representative quote bank's offer based on the loan interest rate for the best quality customers, and it is calculated and announced by the National Interbank Market Operating Center as the basic reference rate for loans.

The characteristics of LPR are high marketization and full reflection of the credit market supply and demand situation. Through market-based transmission of monetary policy, LPR can promote further marketization of loan interest rates. For borrowers, the implementation of LPR can bring more flexible loan interest rates, reduce borrowing costs, and improve borrowing efficiency.

The implementation of LPR also has important significance for banks. Banks can better transmit monetary policy through LPR, improve the transparency and standardization of credit business. In addition, the implementation of LPR can also promote competition among banks and improve the comprehensive service level of banks.

Overall, LPR is an important innovation in China's loan interest rate system to better adapt to market-oriented reform requirements and promote the development of financial markets.