Over 30 Regions Intensively Adjust Housing Provident Fund Policies

The 2026 Government Work Report proposed deepening the reform of the housing provident fund system. This is the first time in ten years that the reform of the provident fund system has been included in the government work report again. During the Two Sessions, some representatives and committee members also suggested reforms to the provident fund system in areas such as down payment thresholds, usage scope, and operational efficiency.

According to incomplete statistics from the China Index Academy, since the beginning of this year, more than 30 cities nationwide have adjusted and optimized their housing provident fund loan policies. From the policy content across various regions, this round of adjustments features increased support for loans, expanded consumption scenarios, and enhanced family mutual aid functions.

Chengdu announced on March 10 that it plans to increase the maximum housing provident fund loan limit and temporarily remove restrictions on the number of provident fund loans. Fuzhou also issued a document stating that it will expand the scope of support for preferential housing provident fund loan interest rates and include off-site provident fund loans in policy support. Taizhou raised the upper age limit for housing provident fund loans.

According to the “National Housing Provident Fund 2024 Annual Report” jointly released by the Ministry of Housing and Urban-Rural Development, the Ministry of Finance, and the People’s Bank of China, by the end of 2024, the total accumulated deposits in the housing provident fund reached 32.8 trillion yuan, with a balance of 10.9 trillion yuan.