Central government housing provident fund service window opens in Xiong'an
In short
A housing provident fund service window of the Housing Fund Management Center of Central State Organs was formally set up on October 9 at the Rongdong China Construction Bank office of the Xiong'an New Area housing provident fund. The window is expected to serve more than 5,000 contributing employees of units relocated to Xiong'an, who previously had to go to Beijing for this business.
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A housing provident fund service window of the Housing Fund Management Center of Central State Organs was formally set up on October 9 at the Rongdong China Construction Bank office of the Xiong'an New Area housing provident fund, CLS and Jiemian reported. The window is expected to serve more than 5,000 contributing employees of relocated units. Yicai also reported the opening. [ 1 , 2 , 3 ]
According to Jiemian, which credited CCTV News, many central units stationed in Xiong'an, relocated companies and their employees need to handle provident fund business administered by the central centre. Until now this had to be done at outlets in Beijing, and the report described the cross-city process as cumbersome and relatively costly for companies and employees. [ 3 ]
The report said housing provident fund authorities in Beijing and Xiong'an deepened their cooperation to bring the central centre's services to Xiong'an, as part of efforts to integrate provident fund services between the two places. With the window in use, relocated units and contributing employees can handle all types of this business at the local outlet without travelling to Beijing. Data sharing and interoperability between the two places are intended to simplify procedures and shorten processing times, the report said. [ 3 ]
As a next step, the Xiong'an New Area Housing Management Center will continue regular cooperation with the central centre, expand the range of services that can be handled across the two places, and improve service processes, according to the report. [ 3 ]
Why it matters
According to Jiemian, which credited CCTV News, relocated units and their employees in Xiong'an can now handle central-organ provident fund business locally instead of travelling to Beijing. The report presents the move as part of efforts to integrate housing provident fund services between Beijing and Xiong'an.
Key facts
- The housing provident fund service window of the Housing Fund Management Center of Central State Organs was formally set up in Xiong'an New Area on October 9. [ 1 , 3 ]
- The window is located at the Rongdong China Construction Bank office of the Xiong'an New Area housing provident fund. [ 1 , 3 ]
- It is expected to serve more than 5,000 contributing employees of relocated units. [ 1 , 3 ]
- Previously, this provident fund business had to be handled at outlets in Beijing. [ 3 ]
- Relocated units and contributing employees can now handle all types of this provident fund business at the local outlet without travelling to Beijing, according to the Jiemian report. [ 3 ]
- The Xiong'an New Area Housing Management Center plans to expand the range of services that can be handled across the two places, the report said. [ 3 ]
Confirmed by several sources
- The central government housing provident fund service window has formally opened in Xiong'an. [ 1 , 2 , 3 ]
- The window was set up on October 9 at the Rongdong China Construction Bank office of the Xiong'an New Area housing provident fund and is expected to serve more than 5,000 contributing employees of relocated units. [ 1 , 3 ]
Still unclear
- Which specific types of provident fund business are covered and how much processing time is reduced. The reports say all types of business can be handled locally and processing times are shortened, but give no list of services or time figures.
- Which additional services will be added in future. The Jiemian report says the range of services will be expanded but does not name them or give a timetable.