How long does it take to upgrade the provident fund system?

Legal analysis: one week, up to half a month. Usually it doesn't take long.

Legal basis: "Housing Provident Fund Management Regulations"

Article 3 The housing provident fund paid by individual employees and the housing provident fund paid by the employee's unit for employees belong to the individual employee.

Article 4 The management of housing provident funds shall be based on the principles of decision-making by the housing provident fund management committee, operation of the housing provident fund management center, storage in special bank accounts, and financial supervision.

Article 5 The housing provident fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and no unit or individual may misappropriate it for other purposes.