On July 10, Beijing issued the “Beijing Special Action Plan for Deepening Reforms and Boosting Consumption”. Among them, in terms of optimizing the new supply of housing consumption, it is proposed to further develop the promotion role of housing provident funds and support depositors to apply for personal housing loans from the Housing Provident Fund while withdrawing the Provident Fund to pay the down payment for the purchase of a home. Research and formulate a “secured transfer” policy for personal housing loans from the Housing Provident Fund, and carry out related business.

On July 10, Beijing issued the “Beijing Special Action Plan for Deepening Reforms and Boosting Consumption”. Among them, in terms of optimizing the new supply of housing consumption, it is proposed to further develop the promotion role of housing provident funds and support depositors to apply for personal housing loans from the Housing Provident Fund while withdrawing the Provident Fund to pay the down payment for the purchase of a home. Research and formulate a “secured transfer” policy for personal housing loans from the Housing Provident Fund, and carry out related business.