According to CCTV financial news, since this year, the threshold for using provident funds in many places has been drastically lowered, and the scope of use has continued to expand. The new provident fund policy introduced by Guangzhou has comprehensively raised the amount of housing provident fund loans to accurately support families raising children. Various rising conditions can also be calculated by superimposing proportions. For example, if a newlywed family has one child, they can enjoy a 10% increase in the loan amount of the Provident Fund; families with two or three children or more can enjoy a 40%-50% increase. Suzhou, Jiangsu has implemented a new round of new provident fund policies since June, raised the maximum amount of personal and family provident fund loans, increased loan amounts in multiple scenarios, and can also be used to pay home purchase contract tax. Right now, the positive effects of the New Deal on housing consumption are also showing. Since July 15 of this year, the housing provident fund policy in Yangzhou, Jiangsu has also been upgraded. Citizens participating in housing provident fund deposits can withdraw the Provident Fund to pay property fees by operating a mobile phone without leaving their homes.

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