By the end of 2023, the total value of housing provident fund loans in Shanghai reached 602 billion yuan, indicating an increase from the previous year. This strong increase reflected the high demands in the residential housing market in Shanghai.
Established after the housing reform of the late 1990s, the housing provident fund is a long-term mandatory saving system to assist home financing. Employers and individuals must contribute to designated accounts on a monthly basis, which could be used to fund home purchases and loans through a mortgage system.
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Total value of housing provident fund loans in Shanghai, China from 2001 to 2023
(in billion yuan)
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Shanghai Municipal Statistics Bureau. (March 31, 2025). Total value of housing provident fund loans in Shanghai, China from 2001 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved June 17, 2025, from https://www.statista.com/statistics/1326313/china-housing-provident-fund-loan-value-in-shanghai/
Shanghai Municipal Statistics Bureau. "Total value of housing provident fund loans in Shanghai, China from 2001 to 2023 (in billion yuan)." Chart. March 31, 2025. Statista. Accessed June 17, 2025. https://www.statista.com/statistics/1326313/china-housing-provident-fund-loan-value-in-shanghai/
Shanghai Municipal Statistics Bureau. (2025). Total value of housing provident fund loans in Shanghai, China from 2001 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: June 17, 2025. https://www.statista.com/statistics/1326313/china-housing-provident-fund-loan-value-in-shanghai/
Shanghai Municipal Statistics Bureau. "Total Value of Housing Provident Fund Loans in Shanghai, China from 2001 to 2023 (in Billion Yuan)." Statista, Statista Inc., 31 Mar 2025, https://www.statista.com/statistics/1326313/china-housing-provident-fund-loan-value-in-shanghai/
Shanghai Municipal Statistics Bureau, Total value of housing provident fund loans in Shanghai, China from 2001 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1326313/china-housing-provident-fund-loan-value-in-shanghai/ (last visited June 17, 2025)
Total value of housing provident fund loans in Shanghai, China from 2001 to 2023 (in billion yuan) [Graph], Shanghai Municipal Statistics Bureau, March 31, 2025. [Online]. Available: https://www.statista.com/statistics/1326313/china-housing-provident-fund-loan-value-in-shanghai/
