Personal provident fund loan limit

How much can you get if you pay 5,500 to the Rizhao provident fund?

The amount of the provident fund loan in Rizhao City is calculated based on the employee’s monthly deposit amount, the loan period and the balance in the account applying for the provident fund loan. . The loan amount cannot be calculated directly based on the balance.

According to the "Rizhao City Housing Provident Fund Loan Processing Guide"

5. Loan amount, term, interest rate

(1) In Donggang District, Rizhao Economic and Technological Development For families purchasing houses within the District and Shanhaitian Tourist Resort, if both the borrower and his wife meet the loan conditions, the loan amount can be up to 500,000 yuan, with a maximum period of 30 years; if one party meets the loan conditions, the loan amount can be up to 300,000 yuan, with a maximum period of 30 years. Long term 30 years.

(2) For families purchasing houses in other districts and counties of our city, when both the borrower and his wife meet the loan conditions, the maximum loan amount is 400,000 yuan and the maximum period is 30 years; when one party meets the loan conditions , the maximum loan amount is 250,000 yuan, and the maximum term is 25 years.

In principle, the loan term plus the age of the borrower or guarantor shall not exceed the statutory retirement age stipulated by the state.

Specific calculation formula:

Provident fund loan amount = (Monthly housing provident fund payment amount of the borrower and spouse × 12 months × loan period × 1.5 Provident fund of the borrower and spouse Account balance × 15)/2

The loan interest rate shall be based on the current provident fund loan interest rate stipulated by the People's Bank of China. Among them: the interest rate of the second housing provident fund loan shall not be lower than 1.1 times the interest rate of the first housing provident fund loan in the same period.

For loans with a term of more than one year that have been issued, if the statutory interest rate is adjusted during the year, the interest rate will be adjusted according to the corresponding grade on January 1 of the following year.

How is the provident fund loan limit in Rizhao calculated?

The provident fund limit is calculated comprehensively.

The calculation of provident fund loan amount is determined based on four conditions: loan repayment ability, provident fund loan housing price ratio, housing provident fund account balance and maximum loan limit. The minimum value calculated from the four conditions is the borrower’s highest Loanable amount. The calculation method is as follows:

The loan amount calculated according to the loan repayment ability: (the total monthly salary of the borrower, the monthly housing provident fund deposit amount of the borrower’s unit) × the loan repayment ability coefficient - the borrower’s existing monthly loan payment Total repayment × loan term (months). If the spouse's quota is used, (the total monthly salary of both spouses and the monthly housing provident fund deposit amount of the employer where both spouses work) × the loan repayment ability coefficient - the total monthly repayment of the existing loans of both spouses × the loan period (months). Among them, the loan repayment ability coefficient is 40%. Total monthly salary = monthly provident fund payment ÷ (unit payment ratio and individual payment ratio);

Loan amount calculated based on house price: Loan amount = house price × Loan percentage. The loan percentage is determined based on the different types of housing purchase, construction and repair and the number of housing loans;

The loan amount is calculated based on the balance of the housing provident fund account. If an employee applies for a housing provident fund loan, the loan amount shall not be higher than the loan applied for by the employee. 10 times the balance of the housing provident fund account at the time (the housing provident fund of the spouse is used to apply for a provident fund loan at the same time, which is the sum of the housing provident fund account balances of the employee and the spouse). If the housing provident fund account balance is less than 20,000, it is calculated as 20,000;

The loan amount is calculated based on the maximum loan limit. If you use your own housing provident fund to apply for a housing provident fund loan, the maximum loan limit is 400,000 yuan; if you use your spouse's housing provident fund to apply for a housing provident fund loan at the same time, the maximum loan limit is 600,000 yuan. If you use your own housing provident fund to apply for a housing provident fund loan, and you make normal deposits to supplement the housing provident fund when applying for the loan, the maximum loan limit is 500,000 yuan; if you use your spouse's housing provident fund to apply for a housing provident fund loan, and you or your spouse make normal deposits when applying for the loan To supplement the housing provident fund, the maximum loan limit is 700,000 yuan.

Rizhao City Provident Fund Payment Ratio

The contribution ratio of enterprise employees is 8%.

The deposit ratio for enterprise employees is 8%. The provident fund loan ratio in Rizhao City is uniformly stipulated by the Rizhao Housing Provident Fund Management Center. According to the different circumstances of the lender, the lender can apply for different provident fund loan ratios, up to 90%.

The provident fund in Rizhao City refers to the housing provident fund system managed and operated by the Rizhao Housing Provident Fund Management Center. This is a social welfare provided by the state and is designed to help employees solve their housing problems.

Follow up from many places! The housing provident fund loan interest rate for first-time home owners has been lowered by more than 30 times

Housing provident fund policies in various regions have been continuously optimized.

Recently, Jiangsu Jingjiang proposed that starting from October 17, it will optimize and adjust the housing provident fund usage policy from four aspects. Among them, the loan amount has doubled. Currently, the maximum loan amount for dual-employee housing provident fund is 1 million yuan.

In addition, Liuzhou, Guangxi will lower the provident fund loan interest rate for the first individual housing by 0.15 percentage points starting from October 1, 2022. At the same time, it is planned to change the upper limit of the housing provident fund loan limit from the original fixed value of 400,000 yuan to a maximum of 700,000 yuan based on the confirmation of capital liquidity; it is planned to increase the upper limit of the first housing provident fund loan limit for borrowers with two or more children. Increase by 100,000 yuan.

Following the central bank’s decision to lower the provident fund loan interest rate for the first set of individual housing on September 30, according to incomplete statistics, there are currently Henan, Hainan, Beijing, Chongqing, Anhui, Shanghai, Shenzhen, Nanjing, Hangzhou, More than 30 places including Jinan, Chengdu, Tianjin, and Wuxi have implemented new loan interest rates (3.1% for a term of more than 5 years).

Industry insiders believe that personal housing provident fund loan interest rates have been reduced for the first time since 2015, and are already at historically low levels. This, combined with the opening of downward space for mortgage interest rates, has opened up a loosening cycle for real estate credit.

It is worth noting that the financial statistics report for the first three quarters of 2022 released by the central bank recently showed that medium and long-term loans to the household sector increased by 2.32 trillion yuan in the first three quarters. Residential mid- and long-term loans improved, confirming the recovery of real estate sales in September.

At the same time, the urban savers questionnaire survey report for the third quarter of 2022 released by the central bank showed that 17.1% of residents plan to buy a house in the next three months, which is higher than the 16.9% in the second quarter.

Jiangsu Jingjiang’s housing provident fund loan limit has doubled

On October 12, the “Jinjiang Today” WeChat public account stated that it learned from the Jingjiang Branch of the Taizhou Housing Provident Fund Management Center , starting from October 17, Jingjiang City will optimize and adjust the policy on the use of housing provident funds.

It is understood that this optimization and adjustment is mainly reflected in the following four aspects:

1. The loanable amount is doubled. The formula for calculating the loanable limit of housing provident fund is adjusted from "monthly payment and deposit amount of housing provident fund × 12 × loan term" to "monthly payment and deposit amount of housing provident fund × 12 × loan term × 2". At present, the maximum loan limit of Jingjiang City’s Housing Provident Fund for dual-employee households is 1 million yuan.

2. The loan period for second-hand houses and housing renovations and overhauls will be extended. The housing provident fund loan period for second-hand houses and houses renovated or overhauled has been adjusted from “no more than 15 years” to “no more than 20 years”.

3. Set the minimum loan limit. A minimum housing provident fund loan guarantee limit of 200,000 yuan will be set for employee families with low loan amounts.

4. Relax the conditions for withdrawing housing provident funds and repaying loans. The conditions for entrusting monthly withdrawals of housing provident funds to repay housing provident fund loans and commercial personal housing loans are adjusted from having a balance of "not less than 12 times the monthly payment and deposit amount" in the payment account to "not less than 6 times the monthly payment and deposit amount" "Balance", the amount that must be retained in the deposit account during the loan repayment period is entrusted to be withdrawn on a monthly basis, and the amount is adjusted from "the balance is not less than 6 times the monthly payment and deposit amount" to "the balance is not less than 3 times the monthly payment and deposit amount"; the housing provident fund is withdrawn on an annual basis The amount that must be retained in the deposit account after repaying housing provident fund loans and commercial personal loans is adjusted from "a balance of no less than 12 times the monthly payment and deposit amount" to "a balance of no less than 6 times the monthly payment and deposit amount."

The Jingjiang City Housing Provident Fund Management Center stated that since this year, Jingjiang City has implemented a number of new regulations to support flexible employment personnel to voluntarily deposit and use housing provident funds, adjust the down payment ratio and maximum loan amount of housing provident fund loans, and actively Support rigid and improved housing demand, further release consumption potential, and continue to promote the healthy development of the real estate market.

The first-home provident fund loan interest rate has been lowered by more than 30%

On October 11, the Liuzhou Housing Provident Fund Management Center issued the "Notice on Adjusting the Individual Housing Provident Fund Loan Interest Rate" stating that starting from 2022 Starting from October 1st, the interest rate for first-time personal housing provident fund loans will be reduced by 0.15 percentage points, that is, the interest rate for personal housing provident fund loans for less than 5 years (including 5 years) will be adjusted from 2.75% to 2.6%, and the interest rate for personal housing provident fund loans for more than 5 years will be adjusted from 3.25% % adjusted to 3.1%. In addition, personal housing provident fund loans that have been issued before October 1, 2022 will be subject to the new personal housing provident fund loan interest rate from January 1, 2023.

On the same day, the Liuzhou Housing Provident Fund Management Center also issued the "Notice on Adjusting the Upper Limit of Housing Provident Fund Personal Housing Loans, Appraisal Methods, Down Payment Ratios and Lending Conditions (Draft for Comments)" and "On Adjusting Multiple Housing Provident Funds" Notice on the upper limit of personal housing loan amount of housing provident fund for families with children (draft for comments). It is proposed that the upper limit of the housing provident fund loan limit will be changed from the original fixed value of 400,000 yuan to a confirmation based on capital liquidity. The confirmation mechanism is: the upper limit of the housing provident fund loan limit = the upper limit of the fixed basic limit and the upper limit of the liquidity adjustment limit. According to the draft, the housing provident fund loan limit can be up to 700,000 yuan. The down payment ratio of provident fund loans is determined as the down payment ratio for the second time after the borrower's family settles the first provident fund loan, and the down payment ratio is no less than 30%. In addition, it is planned to increase the upper limit of the housing provident fund loan amount by 100,000 yuan for borrower families who have two or more children in line with the national fertility policy and apply for a housing provident fund personal housing loan for the first time.

Following the central bank’s decision to lower the provident fund loan interest rate for the first individual housing on September 30, many places have issued documents to implement the policy since October 1.

According to incomplete statistics, there are currently Henan, Hainan, Beijing, Chongqing, Anhui, Wuhan, Xi'an, Shanghai, Shenzhen, Nanjing, Hangzhou, Jinan, Chengdu, Changsha, Shenyang, Shijiazhuang, Suzhou, and Tianjin , Wuxi, Nanning, Kunming, Shijiazhuang, Harbin, Tianshui, Jilin, Luzhou, Xiangyang, Yichang, Jinan, Zibo, Zaozhuang, Rizhao, Weifang, Dongguan and other places began to implement new loan interest rates, that is, loans with terms below 5 years (including 5 years) ) and the first personal housing provident fund loan interest rate of more than 5 years were reduced to 2.6% and 3.1% respectively, while the second personal housing provident fund loan interest rate remained unchanged.

Bank securities research reports believe that personal housing provident fund loan interest rates have been reduced for the first time since 2015, and are already at historically low levels. This, coupled with the opening of downward space for housing loan interest rates, has opened up a loosening cycle for real estate credit. .

The Capital Securities Research Report further pointed out that since 2017, the interest rate difference between the first commercial loan interest rate and the provident fund loan interest rate has always remained between 2% and 2.5%. As the commercial loan interest rate declines in the second half of 2021, The interest rate spread quickly shrank to 0.9%, and there is still room for subsequent downward adjustments in provident fund loan interest rates.

The proportion of residents planning to buy houses in the next three months has increased

On October 11, the financial statistics report for the first three quarters of 2022 released by the central bank showed that RMB loans increased by 180,800 in the first three quarters. billion, an increase of 1.36 trillion yuan year-on-year. In terms of sectors, household loans increased by 3.41 trillion yuan, of which short-term loans increased by 1.09 trillion yuan and medium- and long-term loans increased by 2.32 trillion yuan.

China Post Securities research report believes that the improvement in medium and long-term loans to residents confirms the recovery of real estate sales in September. High-frequency data shows that real estate sales began to rebound in the second half of September. From August to the first half of September, the weekly transaction area was a negative growth of about 30% year-on-year. In the third week of September, it recovered to a positive year-on-year growth of 1.4%. In the fourth week of September Weekly recovery to positive year-on-year growth of 24.2%. The repair of high-frequency data is confirmed by the improvement of residents' medium and long-term loans, which may mean that the decline in real estate sales in September will be lower than that in August.

China Post Securities Research Report believes that sales are in the bottoming out stage, and the property market is gradually recovering in the direction, but the recovery process may be slow and full of fluctuations. There are signs of stabilization in property market sales in the short term. Recently, policies have continued to strengthen, and the sales recovery trend is expected to be consolidated.

Ding Zuyu, executive director of Shanghai Yiju Real Estate Research Institute, believes that if medium and long-term mortgage loans, mainly mortgages, can return to the growth track, the market may truly stabilize.

It is worth noting that the central bank’s urban saver questionnaire survey report for the third quarter of 2022 recently released shows that 17.1% of residents plan to buy a house in the next three months, which is higher than that in the second quarter. 16.9%.

Galaxy Securities research report pointed out that at the end of September, three major policies were released for two consecutive days, including periodic interest rate cuts and tax cuts, to boost market demand. Although this reduction in mortgage interest rates is a "city-specific policy", since it is a large-scale unified adjustment authorized by the central bank, it will benefit a wider range of cities. Compared with the previous behavior of cities individually adjusting policies, it will have a booster effect on the market. will be more obvious. Personal income tax on second-hand houses is usually calculated based on 1%-2% of the transaction price or 20% of the difference. This refund of personal income tax on second-hand houses reduces the cost of residents’ home purchases, helps release demand for improvement, and increases the popularity of second-hand housing market transactions. The interest rate on personal housing provident fund loans has been reduced for the first time since 2015, and is already at a historically low level (3.1% over 5 years). This, combined with the opening of downward space for mortgage interest rates, has opened up a loosening cycle for real estate credit.

Proofreading: Zhao Yan

What is the specific process for the loan limit of Rizhao City Housing Provident Fund?

Hello, I am responsible for the provident fund business in Rizhao. Let me tell you in detail. The provident fund loan limit is 200,000 for a single person, and a couple can borrow up to 300,000. Specific needs: First, take the house purchase contract or real estate certificate, deed receipt or down payment receipt to the local provident fund management center for consultation. Then if you meet the conditions, you need to bring your ID card, household registration book, marriage certificate and guarantor’s ID card and other documents. Paste this copy onto your application form. After that, go to the bank to get a credit certificate, usually China Construction Bank. Finally, you have to fill in the interview records, etc., and then wait patiently. Haha, I hope they will be adopted.

Rizhao plans to introduce at least 100,000 new talents in 4 years: first-time home buyers can enjoy up to 200,000 yuan subsidy

On May 9, The Paper learned from the Office of the People’s Government of Rizhao City, Shandong Province that Rizhao issued a notice on “Nine Measures to Support the Gathering and Development of Young Talents” during the May Day holiday. Among them, the "Housing Guarantee" plan mentioned that Rizhao will set up a housing development fund for talents. Qualified full-time doctoral students, master's students, undergraduate graduates, graduates of junior colleges (including technical secondary schools and technical colleges), themselves or their families Those who purchase new commercial housing for the first time in Rizhao City can enjoy housing purchase subsidies of 200,000 yuan, 100,000 yuan, 50,000 yuan, and 30,000 yuan respectively from the Talent Development Fund, which are specifically implemented in accordance with the "Interim Measures for House Purchase Subsidies for Young Talents in Rizhao City".

For full-time doctoral students and master's students who are employed (starting a business) in Rizhao City after January 1, 2022 and have paid housing provident funds normally, if they apply for a housing provident fund loan to purchase a house for the first time in Rizhao City, the maximum housing provident fund The loan limit was increased to 1 million yuan.

Newly employed employees who find employment in Rizhao City for the first time and apply for employment registration after January 1, 2021 will be given to each academic level within three years according to the academic levels of full-time doctoral students, full-time master's students, full-time undergraduates, full-time junior college students and below. Phased housing rental subsidies of 500, 400, 350, and 300 yuan per person per month. Full-time doctoral students who work in enterprises and institutions at all levels in Rizhao City and do not have housing can apply for rent-free accommodation in talent apartments at all levels within three years; full-time master's students who work in enterprises and institutions in Rizhao City and do not have housing can apply for rent-free accommodation within three years. You can apply to live in municipal talent apartments during the year, and the rent will be charged at 50% of the market price, and the remaining 50% will be borne by the municipal finance. If there are no vacancies in the talent apartments, arrangements will be made gradually based on the availability of housing; young talents will be employed by employers in various districts, counties, and functional areas. If there is no housing, the management regulations of talent apartments in each district, county and functional area will be implemented.

Rizhao City stated that it will comprehensively promote the implementation of the "Innovation and Revitalization of the City" strategy, optimize the development ecology of young talent gathering, stimulate the vitality of various employers to attract and gather talents, and strive to introduce 10 new talents by 2025. More than 10,000 young talents have come to Rizhao to innovate and start businesses, injecting talent power and development vitality into the wonderful transformation of the modern coastal city.

In addition to the "Housing Guarantee" plan, the nine measures also include the "Growth Assistance" plan, the "Talent Gathering and Selection" plan, the "Innovation Leadership" plan, the "Talent Recruitment Incentive" plan, and the "Bole Talent Recommendation" plan. , "Entrepreneurship Empowerment" Program, "Worry-Free Service" Program and "Enjoy the Sunshine" Program. The measures will be implemented from the date of issuance, and the relevant supporting details will be formulated and implemented by the leading unit of each content. The funds required by the policy will be implemented through the original channels if there are policy provisions; if there are no provisions, they will be borne by the employer, organizer, and the same level of finance where the unit is located. If the relevant policies involved are inconsistent with the spirit of the superior documents in the follow-up work, they shall be implemented with reference to the spirit of the superior documents; if there are duplications or overlaps with the current relevant policies, they shall be implemented in accordance with the principle of "optimization, priority and non-duplication".

Specifically, the "Growth Assistance" plan: Newly introduced postdocs from Rizhao City Postdoctoral Research Workstation and Postdoctoral Innovation Practice Base will be given a one-time scientific research fund of 50,000 yuan by the municipal finance during the period of their stay at the station, and will be funded by the unit. The local finance department will provide each person with a monthly living subsidy of 5,000 yuan. For newly introduced doctoral students from enterprises and institutions in Rizhao City (excluding public institutions), provincial universities in Rizhao, and central and provincial enterprises in Rizhao that meet the requirements of the "Ten Special Projects" for the conversion of new and old kinetic energy in Rizhao City, each of them will be given within three years. Living allowance of 5,000 yuan per person per month. For enterprises in Rizhao City, newly introduced master's students from central and provincial enterprises in Rizhao that meet the requirements of the "Top Ten Special Projects" for the conversion of new and old kinetic energy in Rizhao City, undergraduate graduates from global TOP200 (QS) universities and "double first-class" universities, and undergraduate graduates from ordinary universities Students will be given monthly living allowances of 2,400 yuan, 1,500 yuan, and 1,000 yuan per person within three years. For full-time college graduates who start their own businesses, each person will be given a monthly living subsidy of 1,100 yuan within three years. All districts, counties and functional zones can appropriately expand the scope of subsidies and raise subsidy standards for key industries and enterprises based on actual conditions and around the development needs of the city's key industrial chains and leading industries in the region.

The scope of the young talent subsidy is for full-time college graduates who have come to Rizhao City for employment (starting a business) since January 1, 2022 and have paid social security normally according to regulations during the career selection period (within three years of graduation). The enterprises referred to in this measure must be all types of enterprises, private non-enterprise units, and economic and social intermediary organizations that are registered and pay taxes in Rizhao administrative area in accordance with the law. Subsidy funds will be disbursed according to the original channels.

The "Talent Gathering and Selection" plan: Compile a catalog of urgently needed talents based on Rizhao City's leading industries and social development needs. For young talents who are included in the catalog of urgently needed talents, the conditions may be appropriately relaxed based on the job demand. Public institutions and state-owned enterprises that introduce doctoral candidates, senior professional and technical personnel, and highly skilled and urgently needed professionals can openly recruit through direct face-to-face interviews, professional tests, inspections, etc. Implement the "Young Talent Selection Action" of public institutions and state-owned enterprises to recruit a group of outstanding college graduates with strong academic standards and high overall quality. Every year, we regularly organize key employers to go to key universities at home and abroad to carry out recruitment activities, and select some high-quality positions from public institutions and state-owned enterprises for on-site recruitment.

"Innovation Leadership" Program: For young talents selected for Rizhao City's industry leading talent gathering program innovation and entrepreneurship projects, the project unit can be given supporting support of up to 3 million yuan and 5 million yuan respectively; Young talents from the Industry Leading Talent Gathering Program and innovative talents who work full-time in Rizhao will be given a talent subsidy of up to 500,000 yuan per year, and those who are flexibly introduced will be given a talent subsidy of up to 300,000 yuan per year. For newly selected young and middle-aged experts who have made outstanding contributions to Shandong Province, the municipal finance will provide a one-time supporting subsidy of 100,000 yuan. Implementing the "unveiling the list and taking charge" to introduce top young talents at home and abroad to solve the "stuck" problem, the municipal finance will provide guidance funding support of 50,000 to 200,000 yuan for each project. Focusing on emerging industries such as new generation information technology, biomedicine, life and health, new materials, and high-end equipment, support innovation platforms such as enterprises, new R&D institutions, and innovation and entrepreneurship organizations to introduce overseas high-level young talents to apply for national and provincial key In the talent plan, the municipal finance will provide a talent introduction fund of 50,000 to 300,000 yuan to innovation platforms that have achieved remarkable results in talent introduction. In special circumstances, this can be discussed on a case-by-case basis. Increase the proportion of young scientific and technological talents in municipal talent projects and science and technology projects.

In-depth implementation of the "Doctors into Enterprises" action, a group of young doctors from universities are selected to work with enterprises for six months every year, and the municipal finance provides each person with a working subsidy of 20,000 yuan.

The "Talent Recruitment Incentive" Plan: Every year, a group of college student internship bases are identified from private enterprises in the city. For those bases that absorb college students with a college degree or above to participate in internships, the municipal finance will provide them with 1,000 per person per month. The bases will be rewarded according to the standard of 50,000 yuan, with the maximum reward for each base being 50,000 yuan. If a private legal person enterprise recruits more than 100 young talents compared with the previous year, a one-time reward of 300,000 yuan will be given to the enterprise; if the number of young talents increased by 51-100, a one-time reward of 200,000 yuan will be given to the enterprise; if the number of young talents increased by 31-50, the enterprise will be given a one-time reward of 200,000 yuan. A one-time reward of 100,000 yuan will be given to the company; companies that have outstanding talent introduction work will be regularly notified and praised. Support private enterprises to participate in the city's unified recruitment activities organized by the city. The municipal finance will provide transportation and talent support of up to 1,000 yuan per time within the province, up to 2,000 yuan per time outside the province, and up to 20,000 yuan per time outside the country (overseas). Room and board allowance.

"Bole Talent Recommendation" Program: Third-party institutions and individuals introduce high-level young talents from home and abroad to work in Rizhao for the first time. After application and selection, the municipal finance will award up to 500,000 yuan. Relying on colleges and universities, intermediary agencies, municipal agencies abroad, etc., set up talent workstations in key cities, conduct annual evaluations, and provide financial subsidies of up to 100,000 yuan to municipal finance companies that have achieved significant results in talent introduction; the municipal finance department will set up an annual reward of 800,000 yuan. funds, hire a group of talent envoys and provide rewards.

Support universities in Rizhao (including technician colleges) to establish young talent liaison stations, set differentiated reward and subsidy standards based on the proportion of graduates who stayed in Rizhao last year, and provide incremental rewards from the municipal finance. Each liaison station The maximum annual award is 200,000 yuan. Special recruitment activities are held regularly for universities in Rizhao. For large-scale recruitment activities held by universities in Rizhao with more than 100 local exhibitors, the municipal finance will provide a one-time subsidy of 50,000 yuan.

The "Entrepreneurship Empowerment" Plan: Improve the talent entrepreneurship investment and financing system, set up a 50 million yuan "Talent Entrepreneurship Fund" in the first phase, build a docking platform for venture capital institutions and talent innovation projects, and support the development of young talent enterprises. channel financing. Carry out a talent insurance pilot, and provide a premium subsidy of up to 100,000 yuan to a single enterprise from the municipal finance for insurance products related to R&D projects for talent companies. Guide banking institutions to increase their support for "talent loans". Qualified high-level young talents can apply for a loan of 10 million yuan, and multiple high-level talents working for the same company can apply for a loan of up to 50 million yuan.

Eligible young talents who start their own businesses can apply for entrepreneurial guaranteed loans of up to 200,000 to 3 million yuan. College graduates who establish small and micro enterprises for the first time will be given a one-time entrepreneurial subsidy of 20,000 yuan or 50,000 yuan if they meet the corresponding conditions; qualified employees will be given a one-time entrepreneurial job development subsidy of 3,000 yuan per position. Full-time college graduates who meet the conditions for setting up individual businesses for the first time within 5 years of graduation will be given a one-time entrepreneurial subsidy of 10,000 yuan; those who have been operating for more than 1 year but less than 2 years and have not settled in an entrepreneurial incubation base (park) will be given up to 9,000 yuan to start a business. Rental subsidies. College student entrepreneurship competitions are held regularly, with funding of up to 30,000 yuan available for each outstanding project, and priority is given to recommending outstanding projects to participate in national and provincial entrepreneurship competitions.

"Worry-free Service" Plan: Upgrade the Youth Station to provide free accommodation for up to 3 days and 5 days respectively for foreign job-seeking college graduates and college internship practice teams, and provide policy consultation, job promotion, and urban integration. For services such as services, the municipal finance will provide a subsidy of up to 100 yuan per room per day to the operator of the Youth Inn based on the actual number of occupancy. The talent settlement policy of "settling first and then finding employment" is implemented. For young talents who come to Rizhao for development, they, their spouses, children, and parents can settle in Rizhao towns. Build an "online and offline" all-round smart employment service platform to provide convenient service conditions for all types of young talents to find employment and start businesses in Rizhao.

For young talents introduced by public institutions, doctoral graduate professional and technical talents with particularly outstanding performance do not need to account for the proportion of the unit's senior position structure; professional and technical talents with master's degrees and above who have outstanding performance do not need to be employed for the first time. Subject to the unit's job structure ratio restrictions, the lowest-level position corresponding to the qualifications will be directly hired. Young talents selected for key talent projects will be issued a "Sunshine Talent Card" and enjoy 23 green channel services including professional title review, job recruitment, salary management, transportation, tourism and fitness, and medical care.

Renovate and expand a number of kindergartens, primary and secondary schools, transform and upgrade the city's youth comprehensive practice base, and improve the education security level for the children of high-level young talents.

"Enjoy Rizhao" plan: Newly introduced young talents can enjoy a "Rizhao Tourism Card" without applying (with no annual fee for the current year), and can visit the "Rizhao Tourism Card" franchised scenic spots for free. Newly introduced young talents can enjoy a 15% discount for fitness at Rizhao Tennis Center within two years, and a 30% discount for fitness cards at Rizhao Swimming Center, Rizhao Football Park, and Rizhao Xianghe Sports Park.

Introduce and create a number of consumption scenarios that are in line with the consumption psychology of young people, and enrich night consumption formats such as "night tours", "night entertainment" and "night dining". Enterprises and business associations in the catering industry are encouraged to explore the cultural connotation of local specialty snacks, add modern elements, creative and fashionable packaging, and provide a consumption experience suitable for young people.

Relying on the Sunshine Coast Greenway and urban study rooms, we organize a series of cultural and sports activities, organize reading salons, youth music festivals and other special activities, and regularly carry out young talent social gatherings, symposiums, and weekend experience activities for universities in Japan to enrich the culture, art, and leisure life of young talents. , let young talents feel that living in Rizhao is happiness.