Embodiments of the present disclosure relate to a policy control method and system, a network element, and a storage medium. A control plane network element establishes, for UE, a first DN connection that uses a first forwarding plane network element as an anchor. The method includes: when the control plane network element receives a handover notification message for the UE and determines that a second forwarding plane network element serves the UE, or when the control plane network element establishes, for the UE, a second DN connection that uses a second forwarding plane network element as an anchor, the control plane network element updates a forwarding path of the first DN connection, so that an updated forwarding path of the first DN connection passes through the second forwarding plane network element, and the second forwarding plane network element performs policy control on a packet on the first DN connection.