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Q: How does the Decision expand the coverage of the housing provident fund system? Answer: Expanding the coverage of the housing provident fund system to flexible employment groups is an important measure to adapt to changes in China's employment structure and enhance the inclusiveness of the system. Considering the actual situation of flexible employment groups and differences in regional development levels, the “Decision” adheres to two points on the issue of expanding the coverage of the housing provident fund system: first, it respects the wishes of flexible workers, is not mandatory or “one-size-fits-all”, and stipulates that individual businesses, part-time workers, and other flexible workers can voluntarily deposit housing provident funds and enjoy corresponding policy support in accordance with regulations. The second is to authorize local people's governments at or above the municipal level to establish districts to formulate specific measures, and at the same time make it clear that relevant departments under the State Council, such as the Ministry of Housing, Urban-Rural Development, should strengthen their guidance.
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Q: How does the Decision expand the coverage of the housing provident fund system? Answer: Expanding the coverage of the housing provident fund system to flexible employment groups is an important measure to adapt to changes in China's employment structure and enhance the inclusiveness of the system. Considering the actual situation of flexible employment groups and differences in regional development levels, the “Decision” adheres to two points on the issue of expanding the coverage of the housing provident fund system: first, it respects the wishes of flexible workers, is not mandatory or “one-size-fits-all”, and stipulates that individual businesses, part-time workers, and other flexible workers can voluntarily deposit housing provident funds and enjoy corresponding policy support in accordance with regulations. The second is to authorize local people's governments at or above the municipal level to establish districts to formulate specific measures, and at the same time make it clear that relevant departments under the State Council, such as the Ministry of Housing, Urban-Rural Development, should strengthen their guidance.
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