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China to Revise Regulations on Housing Provident Fund Management
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China eases housing fund access rules to boost consumption
China has introduced the first major revision in years to management rules for its massive housing provident fund, broadening the $1.5 trillion forced-savings scheme’s usage to help unlock dormant capital and stimulate consumption, reports Caixin. The revised rules, taking effect September 20, expand the fund’s withdrawal scenarios and extend coverage to flexible and gig workers. Analysts say […]
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iChongqingChina to revise regulations on housing provident fund management
Chinese Premier Li Qiang has signed a State Council decree publicizing a decision to revise the Regulations on Management of Housing Provident Fund, which will take effect on Sept. 20, 2026.
·Beijing, China
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