According to the top echelons in the banking sector in China, the gradual deepening of interest rate marketization reform is likely to be realized. In his chaired meeting with the State Council executive members days ago, Chinese premier, Li Keqiang urged relevant authorities to deepen the country's economic reform in 2013. This include steady implementation of interest rate marketization reform and completing the operational plans for RMB capital account convertibility. All these signs suggest that the lowering of lending rates might be realized very soon while the change of the lending rate ceiling would still require a longer time.