The State Council published amendments to the Housing Provident Fund Management
Regulations, signed by Premier Li Qiang, effective Sept 20, 2026. Key changes
widen withdrawal and usage scope: withdrawals to pay rent will no longer be
subject to a threshold requiring rent to exceed a specified share of household
wage income. New permitted withdrawals include renovation of owner-occupied
housing, payment of property management fees for owner-occupied housing, and
other housing consumption cases approved by the State Council. The amendments
also broaden investment channels for housing provident funds, explicitly
allowing provident fund management centers to purchase policy financial bonds.
