It is effectively a tax on bank borrowings from the market, with short-term funds carrying twice the charge (0.04% next year, 0.07% thereafter) of those that are repayable after more than one year.

这个银行税实际上是从市场上借贷的短期资金，需要支付两倍那些经过一年多偿还的费用(第二年0.04%，之后0.07%)。

youdao

It is effectively a tax on bank borrowings from the market, with short-term funds carrying twice the charge (0.04% next year, 0.07% thereafter) of those that are repayable after more than one year.

这个银行税实际上是从市场上借贷的短期资金，需要支付两倍那些经过一年多偿还的费用(第二年0.04%，之后0.07%)。

youdao