On the 15th, the website of the Ministry of Finance, the Ministry of Housing and Urban-Rural Development, the Ministry of Finance and the People's Bank of China jointly issued the "Notice on Improving the Payment Mechanism of Housing Provident Funds to Further Reduce the Cost of Enterprises". The notice clarified the policy of prolonging the phased reduction of the proportion of enterprise housing accumulation fund. Initiatives to improve the housing provident fund deposit mechanism, such as deadlines.

The notice is clear, and the time limit for the policy of appropriately reducing the proportion of the enterprise housing provident fund deposit ratio is extended. After the expiration of the phased reduction of the enterprise housing provident fund deposit ratio policy in each region in 2016, the implementation period will continue to be extended until April 30, 2020. All regions should evaluate the effect of policy implementation, and can further reduce the proportion of enterprise housing provident fund deposits in combination with local conditions.

In addition, the upper limit of the housing accumulation fund deposit base is strictly regulated. The monthly salary base for the payment of the housing provident fund shall not be higher than three times the average monthly salary of the employees of the previous year announced by the statistical department of the city where the employee's workplace is located. Anyone who exceeds 3 times shall be subject to standard adjustment.

The third is to expand the floating range of the proportion of housing provident fund deposits. The lower limit of the contribution rate of housing provident fund is 5%. The upper limit shall be determined by each region in accordance with the procedures stipulated in the Regulations on the Management of Housing Provident Funds, and the maximum shall not exceed 12%. The depositing unit may, within 5% to the local upper limit, independently determine the proportion of the housing provident fund.

The fourth is to improve the reduction of the proportion of housing provident fund deposits and the approval efficiency of deferred payment. Enterprises that have difficulties in production and management may apply for a reduction in the proportion of housing provident fund deposits or deferred payment after discussion by the workers' congress or the trade union. The Housing Provident Fund Management Committee shall authorize the Housing Provident Fund Management Center for approval, and the time limit for approval shall not exceed 10 working days.

The notice said that the improvement of the housing provident fund deposit mechanism is aimed at implementing the decision-making arrangements of the Party Central Committee and the State Council, reducing the cost of the real economy and reducing the non-tax burden of enterprises.

The notice clearly stated that improving the housing accumulation fund deposit mechanism and further reducing the cost of enterprises involves a wide range of policies and strong policies. All departments and departments must unify their thoughts and actions to the decision-making and deployment of the Party Central Committee and the State Council. According to their division of responsibilities, they should organize and implement them carefully, strengthen policy interpretation, and earnestly implement them. The housing and urban construction departments of the provinces and autonomous regions and the municipalities directly under the Central Government and the Xinjiang Production and Construction Corps Housing Provident Fund Management Committee shall report the implementation to the Ministry of Housing and Urban-Rural Development before the end of June 2018.

Extrusion Aluminium

Extrusion aluminium, also known as aluminum extrusion, is a manufacturing process used to create durable and versatile aluminum-based products. The process involves pushing molten aluminum through a die under high pressure or pulling it through the die using a ram. The resulting product is a smooth surface, uniform cross-section, and precise dimensions.

The extrusion process can create complex shapes and intricate designs, making it popular in various industries such as architecture, automotive, and aerospace. Common extruded aluminum products include window frames, door frames, curtain walls, and structural components.

One advantage of extrusion aluminum is its versatility. It can be modified and finished to suit different requirements, such as anodizing to provide extra corrosion resistance or powder coating to add a decorative finish. Additionally, extrusion aluminium offers excellent strength-to-weight ratios and is highly durable, making it an ideal material for products that require high strength and durability.

Another advantage of extrusion aluminium is its cost-effectiveness. The manufacturing process is highly efficient, allowing for the creation of large quantities of products at a reduced cost compared to other materials such as steel or copper.

Although extrusion aluminium has many benefits, it also has some limitations. The material is highly conductive and may require insulation in certain applications. Additionally, extruded aluminum products may have difficulty achieving tight tolerances and precision, making it unsuitable for some specialized applications.

Overall, extrusion aluminium has become an essential material in various industries, providing both strength and versatility at a reasonable cost. As technology continues to advance, even more advanced and innovative applications of extruded aluminum are expected to emerge.

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