State Council: Expand the Scope of Withdrawal and Use of Housing Provident Fund

For withdrawing housing provident fund to pay rent, the threshold requiring rent to exceed a specified proportion of household wage income will no longer be set; new scenarios for withdrawal include renovating self-occupied housing, paying property fees for self-occupied housing, and other housing consumption situations approved by the State Council. Appropriately broaden investment and utilization channels for the housing provident fund, clarifying that housing provident fund management centers can use the fund to purchase policy-oriented financial bonds.