The Ministry of Housing, Urban-Rural Development actively guides all regions to effectively implement the Regulations. At present, all parts of the country have successively introduced specific implementation rules, and the effects of the policy are initially showing. According to incomplete statistics, one month after the “Regulations” came into effect, as of October 20, the country had withdrawn 13.7 billion yuan from housing provident funds and 2.8 billion yuan from property fees. The continuous release of dividends from the housing provident fund system has effectively met the needs of the masses and strongly promoted housing consumption.

The Ministry of Housing, Urban-Rural Development actively guides all regions to effectively implement the Regulations. At present, all parts of the country have successively introduced specific implementation rules, and the effects of the policy are initially showing. According to incomplete statistics, one month after the “Regulations” came into effect, as of October 20, the country had withdrawn 13.7 billion yuan from housing provident funds and 2.8 billion yuan from property fees. The continuous release of dividends from the housing provident fund system has effectively met the needs of the masses and strongly promoted housing consumption.