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New regulations to streamline work

By Liu Wei (chinadaily.com.cn) Updated: 2016-08-30 16:06

New regulations to streamline work

Overview of Nanjing, capital city of East China's Jiangsu province, Dec 4, 2015. [Photo/VCG]

2. Simplifying the process of drawing housing provident funds

From Sept 1, employees will need to fill only an application form and receive authorities' approval to withdraw housing provident funds.

The retirees can draw housing provident funds without any additional documents. People who have housing provident funds can buy second-hand houses without any documents apart from ID.

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