On September 20, the newly revised “Housing Provident Fund Administration Regulations” officially came into effect. According to First Finance, since this year, many provinces and cities across the country, including Guangzhou, Wuhan, Chengdu, and Hainan, have intensively introduced policies to optimize and adjust housing provident funds. According to incomplete statistics from the China Index Research Institute, up to now, various regions have optimized and adjusted more than 850 property market policies, and the Provident Fund policy is the most frequently optimized and adjusted direction, with a frequency of more than 440. Among them, Guangzhou issued the “Notice on Optimizing the Housing Provident Fund Withdrawal Policy”. Judging from the region of use, depositors can withdraw their own provident fund balance when purchasing self-occupied housing in any city in China, and are no longer limited to local real estate in Guangzhou. In mid-September, Xinyu City in Jiangxi Province issued a new provident fund policy. In addition to supporting renovation and withdrawing housing provident funds, etc., Xinyu has now also expanded the scope of withdrawing funds for serious illnesses, from the original 9 major diseases to 28.

On September 20, the newly revised “Housing Provident Fund Administration Regulations” officially came into effect. According to First Finance, since this year, many provinces and cities across the country, including Guangzhou, Wuhan, Chengdu, and Hainan, have intensively introduced policies to optimize and adjust housing provident funds. According to incomplete statistics from the China Index Research Institute, up to now, various regions have optimized and adjusted more than 850 property market policies, and the Provident Fund policy is the most frequently optimized and adjusted direction, with a frequency of more than 440. Among them, Guangzhou issued the “Notice on Optimizing the Housing Provident Fund Withdrawal Policy”. Judging from the region of use, depositors can withdraw their own provident fund balance when purchasing self-occupied housing in any city in China, and are no longer limited to local real estate in Guangzhou. In mid-September, Xinyu City in Jiangxi Province issued a new provident fund policy. In addition to supporting renovation and withdrawing housing provident funds, etc., Xinyu has now also expanded the scope of withdrawing funds for serious illnesses, from the original 9 major diseases to 28.