Guangzhou Eases Housing Fund Withdrawal Rules for Home Purchases Nationwide

Cointime update: Guangzhou Housing Provident Fund Management Center issued a notice optimizing withdrawal policies, allowing contributors to withdraw their provident fund balances to buy self-occupied housing anywhere in China. For non-mortgage purchases within Guangzhou, withdrawal can be applied after payment; for non-mortgage purchases outside the city, after six months. For mortgage purchases, applications can be made after loan disbursement and before repayment is completed.