China overhauls hukou system

China overhauls hukou system

China’s overhaul of its social insurance program for migrant workers could narrow urban-rural divides in the country and unlock new streams of economic growth, analysts said. Beijing on Friday moved to ease residency restrictions on coverage, removing a hurdle that required people working in Chinese cities to claim benefits in their home regions. The change to the hukou system could mark a step toward “eliminating the major rural-urban inequalit…

China takes important step towards hukou reform

On Friday 22 May, China’s State Council announced a significant reform to the country’s social insurance system: migrant workers will now be able to enrol in social insurance in the cities where they work, regardless of where their household is officially registered. It is the latest step in the gradual reform of the hukou household … Continue reading China takes important step towards hukou reform The post China takes important step towards huk…