On July 28, the Ministry of Housing and Urban-Rural Development held a press conference on "Implementing the State Council's Package of Policy Measures to Stabilize Economy".

It was revealed at the meeting that the actual number of people paying the housing provident fund nationwide has reached 164 million. Including family members, more than 200 million urban residents have been included in the financial security net for solving basic housing problems.

  Wang Xudong, deputy director of the Housing Provident Fund Supervision Department of the Ministry of Housing and Urban-Rural Development, introduced that while the housing provident fund payment area has expanded, the structure has also been continuously optimized.

Among the newly opened employees last year, 76.9% were employees of non-public ownership units; among the existing depositors, 52.1% were employees of non-public ownership units.

In addition, the Ministry of Housing and Urban-Rural Development promotes flexible employment to participate in the housing provident fund system, further expands the benefits of the system, and stimulates the vitality of new economic entities such as individual industrial and commercial households and freelancers.

  Wang Xudong said that the housing provident fund is also committed to solving the basic housing problem of depositors.

The first is to support new citizens and young people in renting and housing.

Last year, 13.54 million people drew 125.9 billion yuan from the housing provident fund for rental housing.

Cities such as Guangzhou and Xiamen have also explored ways to optimize withdrawals to provide more convenience and discounts for depositors to rent.

The second is to support depositors to purchase their first and improved housing.

Last year, more than 3.1 million low-interest housing loans were issued, with an amount of nearly 1.4 trillion yuan, of which 85.8% were first-time housing loans and 75.9% were loans for employees under the age of 40.

Calculated with a 500,000 yuan, 20-year provident fund loan, it can save about 140,000 yuan in interest expenses for home buyers.

The third is to give preferential policy support to specific groups in need.

For example, residents of old communities are supported to withdraw housing provident funds to transform their own housing.

Recently, in cooperation with relevant departments, a policy to support the housing consumption of families with many children has been introduced.

  In addition, the national housing provident fund mini-program has been opened, and all 341 urban provident fund centers have been connected, and a total of 50.73 million people have been provided with personal information inquiry services.

Promote the "cross-province handling" of 8 high-frequency service items, and handle nearly 30 million "inter-provincial handling" transactions, making it more convenient for depositors to handle affairs in different places, promoting the orderly flow of labor and establishing a unified national market.