Housing provident fund management Ordinance will be amended to use more diversified
source: the Securities Daily Author: Qiao Zhidong
experts believe that the provident fund management center should be upgraded to housing bank / > A few days ago, "the opinion on deepening the key work of economic system reform in 2015" pointed out that "research put forward the implementation plan of deepening housing system reform, and revised the regulations of housing provident fund management".
"this revision is focused on the diversification of provident fund uses, reducing the threshold for extraction, as well as the scope of investment in the provident fund, and the refinement of the quota." Zheng Yujie, senior researcher of China investment consulting, said in an interview with the Securities Daily reporters.
according to the current regulations on housing provident fund management, the housing provident fund is used for the distribution of personal housing loans, the two is the purchase of national debt, and the three is the bank deposit. In addition, housing provident fund loans also support the construction of affordable housing pilot role.
according to the "Securities Daily" reporter, in 2012, the average savings rate of the national housing provident fund surplus funds was about 3.56%, only slightly higher than the 1 year term deposit interest rate. The average deposit rate of employees' personal accounts is 2.4%, which is lower than that of CPI in the same period, resulting in the large number of workers who have not used the housing provident fund to suffer more interest losses. As of March 2014, the national housing provident fund deposit balance has reached as high as 3 trillion and 200 billion yuan.
Zheng Yujie believes that, with the reform of the financial market and the improvement of the capacity of provident fund management, future provident fund is expected to expand the scope of investment. In addition to national debt, it may invest in bond repurchase, universal insurance products, funds or stocks. Under the circumstances of strengthening wind control, improving management and supervision, we should realize the preservation and increment of the reserve fund and protect the basic income of the depositor.
Zhang Huadong, deputy director of the research department of the listed housing enterprise of the think-tank, said in an interview with the Securities Daily, the adjustment of the scope of the use of the provident fund could be extended to the countryside in the future. Zhao Ruoqiong, a researcher in
Fang Zheng securities, thinks that, for the consideration of the governance structure and the value added value of the capital, the central provident fund center, which occupies an important position in the housing finance, should be upgraded to a professional housing bank. At present, we should find a way out in asset inventory and capital use.
it is worth mentioning that, at present, many provinces have issued policies, such as allowing funds for foreign funds, migrant workers into the housing provident fund system, and so on, has been regarded as the "ice breaking" approach to the management of housing provident fund.