In view of the negative economic impact of zombie enterprises, the Central Government of China has been attempted to clear such enterprises, yet the current excess liquidity caused by low interest rates will enlarge the negative role of zombie enterprises. Anbound research team believes that other than this, if the low interest rate environment continues to nourish zombie enterprises, they will occupy part of the production factors, and to a certain extent, increase non-zombie enterprise production costs, compress profit margins, which would in turn slow down the expansion scale. On the macro point of view, this will decrease the overall productivity growth rate of the economy, affecting the long-term performance and growth potential of an economy. In the future, the government and the market should create the right opportunity to clear these zombie businesses.