On March 24, according to the WeChat account “Ningbo Release”, Zhejiang Ningbo Housing Provident Fund Management Center introduced a new policy. Buyers, their spouses, parents, and children who have paid a housing provident fund in Ningbo City and purchased second-hand housing within the city's administrative area and have completed the online signing of an existing housing sales contract can apply to the Housing Provident Fund Management Center where they purchased the home to withdraw their personal housing fund account balance to pay the down payment for the purchase of a home. Buyers who have deposited a housing provident fund and are still insufficient to pay the down payment after withdrawing their own and their spouse's housing provident fund can withdraw the parent's or child's housing provident fund. The policy will be officially implemented on March 28, 2025.

On March 24, according to the WeChat account “Ningbo Release”, Zhejiang Ningbo Housing Provident Fund Management Center introduced a new policy. Buyers, their spouses, parents, and children who have paid a housing provident fund in Ningbo City and purchased second-hand housing within the city's administrative area and have completed the online signing of an existing housing sales contract can apply to the Housing Provident Fund Management Center where they purchased the home to withdraw their personal housing fund account balance to pay the down payment for the purchase of a home. Buyers who have deposited a housing provident fund and are still insufficient to pay the down payment after withdrawing their own and their spouse's housing provident fund can withdraw the parent's or child's housing provident fund. The policy will be officially implemented on March 28, 2025.