Social security provident fund generally refers to the company's provident fund, which is the amount of funds retained by the company in addition to capital. Depending on whether the withdrawal of provident fund is legally compulsory, the provident fund can be divided into statutory provident fund and discretionary provident fund. In addition, the housing provident fund refers to the long-term housing savings deposited by state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. The social security provident fund refers to the payment of living expenses and daily care during the retirement period when workers lose the ability to work due to old age. During the period of unemployment, workers' living expenses, payment of medical expenses, job retraining, production self-help and so on. Employment placement and other safeguard measures. The content of the social security provident fund includes pension insurance, which means that when workers lose their ability to work due to old age, living expenses are paid and taken care of during the pension period. Unemployment insurance refers to the living expenses, medical expenses, job retraining, production and self-help for workers during the period of unemployment. Employment placement and other safeguard measures. Work-related injury insurance refers to the wage income compensation for workers who temporarily or permanently lose their ability to work due to work-related injuries. It is also a medical and daily care measure for workers who are injured due to work-related injuries. Medical insurance is a measure to protect workers’ medical care during their illness. Maternity insurance refers to income subsidies and security measures for female employees during the period of childbirth.

Article 2 of the "Housing Provident Fund Management Regulations" These regulations apply to the deposit, withdrawal, use, management and supervision of housing provident funds within the territory of the People's Republic of China and the country.

The term “housing provident fund” as mentioned in these Regulations refers to state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social groups and their Long-term housing savings contributed by current employees.

Article 2 of the "Social Insurance Law of the People's Republic of China" The state establishes basic pension insurance, basic medical insurance, work-related injury insurance, unemployment insurance, maternity insurance and other social insurance systems to protect citizens in old age, The right to obtain material assistance from the state and society in accordance with the law in case of illness, work injury, unemployment, childbirth, etc.