# provident fund

Shanghai’s ‘New Seven Measures’ Sparks a Spike in Inquiries — Cautious Sellers and Gig Workers Lead the Early Uptick

Shanghai’s municipal authorities introduced a seven‑point package on 25 February easing purchase rules for some non‑local residents, expanding provident‑fund loan capacity and adjusting property tax arrangements. The measures prompted an immediate rise in enquiries — particularly from five‑year residence‑permit holders without social insurance and young non‑local workers nearing contribution thresholds — and a modest uptick in relisted second‑hand homes, though agents warn loan access and income stability will limit quick sales.