Ministry of Housing and Urban-Rural Development is publicly soliciting opinions on the "Provisional Regulations on the Management of Housing Provident Fund (Revised Draft)".

According to the Intelligent Finance and Economics APP, on June 5th, the Ministry of Housing and Urban-Rural Development issued a notice on public consultation on the "Interim Regulations on Housing Provident Fund Management (Draft for Solicitation of Comments)". Employees who have one of the following situations can withdraw the balance of their housing provident fund account: (1) paying rent; (2) purchasing, constructing, renovating, or major repairing self-occupied housing; (3) repaying housing loans principal and interest; (4) renovating self-occupied housing within a certain limit; (5) paying property management fees for self-occupied housing; (6) retiring; (7) completely losing their ability to work and terminating labor (personnel) relations with the unit; (8) settling abroad; (9) other housing consumption situations approved by the State Council.