Core contents of the new regulation: First, expanded withdrawal scope, the withdrawal subject is expanded from the house owner himself to spouse, parents, and children, supporting family members to jointly invest in elevator installation; Second, relaxed withdrawal limit, the full balance in the provident fund account can be withdrawn, the total withdrawal amount does not exceed the personal actual bearing elevator installation cost, and the previous maximum withdrawal limit of 50,000 yuan is cancelled; Third, simplified withdrawal process, implement "full online processing, zero material submission". Applicants can apply online through Qingdao Provident Fund APP and online business hall. The system automatically checks the elevator installation filing information and property rights information, no need to submit paper materials, and the approval time limit is compressed to 1 working day; Fourth, flexible withdrawal times, can be withdrawn in one lump sum or in installments, and can apply for withdrawal within 3 years after the elevator installation is completed; Fifth, supporting policy support, elevator installation can enjoy dual support of financial subsidy + provident fund withdrawal at the same time. Qingdao City gives a maximum financial subsidy of 200,000 yuan per unit for elevator installation. After superimposing provident fund withdrawal, the personal contribution ratio of residents can be reduced to a minimum of 10%.