MOHURD Seeks Comments on Revising the Regulations on the Management of Housing Provident Funds

Recently, the Ministry of Housing and Urban-Rural Development (MOHURD) has released the Regulations on the Management of Housing Provident Funds (Draft Revision for Comment) (the "Draft") and is now soliciting public comments. The deadline for submitting comments is July 5, 2026.

The Draft aims to ensure that the housing provident fund system better meets the diverse housing consumption needs of contributors at different stages of their lives. Specifically, it proposes: (1) expanding the use of housing provident funds from "home purchase" and "housing rental" to include "home renovation" and "home maintenance," thereby broadening the use of funds; (2) extending coverage of the system to workers in flexible employment, thereby expanding the beneficiary group; (3) promoting mutual recognition of housing provident fund accounts and cross-regional lending and advancing digitalization, to facilitate the use of funds; and (4) strengthening risk management to prevent fraudulent withdrawals and loans and ensure safer fund operations. A key focus of this revision is expanding the use of housing provident funds. To this end, the Draft increases the number of eligible circumstances for withdrawal and use from six to nine. The three newly added circumstances are: (1) renovation of owner-occupied housing within a prescribed limit; (2) payment of property management fees for owner-occupied housing; and (3) other housing consumption circumstances approved by the State Council.



(Source: https://www.mohurd.gov.cn/gongkai/zc/wjk/art/2026/art_712ac894f4034d55b3806793e1930f1d.html)

Note: The link to the Chinese official website of the document is for your reference.