5% of the average monthly salary.

The provident fund for Chinese public education is based on the minimum standard of five insurances and one fund, and the minimum standard of contribution to the provident fund is strictly regulated. "Regulations on the Management of Housing Provident Fund" Article 18 The proportion of housing provident fund paid by employees and units shall not be less than 5% of the average monthly salary of employees in the previous year.

the company's common reserve fund is a fund that the company's net assets exceed the received share capital and is accumulated in the company for a specific purpose. The function of provident fund is to increase the company's capital, consolidate the company's property base and improve the company's credit. Provident fund does not constitute the company's share capital, but its function is similar to the share capital, so it is called "additional share capital", which together with the share capital constitutes the company's own capital. Provident funds can be divided into statutory provident funds and arbitrary provident funds according to whether their accumulation is compulsory by law; According to the different sources of accumulation, it can be divided into surplus reserve fund and capital reserve fund.