Published on: 2026-06-06
Source: People’s Republic of China in Russian –
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Beijing, June 6 /Xinhua/ — On Friday, the Ministry of Housing, Urban and Rural Development of the PRC published a revised draft regulation on the management of the public housing construction fund with the aim of better satisfying the diverse needs of homebuyers.
This document, published to request public opinion, is aimed at expanding the scope of the use of the fund’s resources – from the purchase and rental of housing to the payment of utility bills and housing repairs.
According to the document, individual entrepreneurs, employees working part-time, and other persons with flexible employment can voluntarily participate in the public housing construction fund system.
The document, in particular, provides for the development of digital technologies, interregional, interdepartmental, and inter-level cooperation within the framework of the public housing construction fund system.-0-
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