China will relax residency curbs in many of its smaller cities this year and inc...
BEIJING - China will relax residency curbs in many of its smaller cities this year and increase infrastructure spending, the state planner said on Monday, in a fresh push to boost the urban population and revive slowing economic growth.
The latest push is part of its longer-term goal of bringing 100 million people into the cities over the five years to 2020. In 2018, 59.6 percent of China’s population lived in urban areas. Such permits, known as “hukou”, have been used to control internal migration in China for many years. Without a permit, a resident of a city is denied access to many public services, such as education and healthcare. These restrictions have often been blamed for pushing migrants to the margins of society in China’s cities.
But critics in the real estate and securities industries say any easing of these policies could undermine authorities’ efforts to control property speculation.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China calls on New Zealand to provide 'fair' investment environmentNew Zealand Prime Minister Jacinda Ardern told Chinese Premier Li Keqiang that she wanted to underline the importance her country placed on its relationship with China.
Read more »
China announces new crackdown on fentanyl in win for US President TrumpThe Chinese government will add fentanyl-related substances to their list of controlled drugs from May 1, in a move aimed at curtailing the manufacturing and distribution of one of the world's most powerful opioids.
Read more »
Treasury yields rise amid strong China data, progress in trade talksU.S. government debt prices were lower Monday, as investors monitored strong manufacturing numbers out of China.
Read more »
Stocks set to rise on strong China data, trade progressU.S. stock futures traded higher on Monday following strong manufacturing data out of China.
Read more »
China calls on New Zealand to provide 'fair' investment environmentChinese Premier Li Keqiang called on New Zealand on Monday to ensure a fair inve...
Read more »
Don't blame China for unraveling US-Europe relationsOngoing trade disputes and U.S. President Donald Trump's constant hectoring about Europe's failure to meet defense spending targets have ended up sealing the belief that the transatlantic community was in deep trouble, writes Dr Michael Ivanovitch.
Read more »
Global stocks bounce as China manufacturing data smashes expectationsGlobal markets are rallying after Chinese industrial data smashed predictions to paint a rosier-than-expected picture of the world economy.
Read more »
China military says 24 killed fighting mountain forest fireBEIJING (AP) — The Chinese military says 24 firefighters have been killed while battling a forest fire high in the mountains of western Sichuan province. The People's Liberation Army's...
Read more »
Apple just slashed iPhone prices in China for the first time this yearApple has lowered the prices of various iPhone models in China, including the iPhone X, iPhone 8, and iPhone 7.
Read more »
China to regulate all fentanyl drugs, keeping promise to TrumpChina said Monday it would begin regulating all fentanyl-related drugs as a class of controlled substances, in a change U.S. officials had long advocated as a way to stem the flow of lethal opioids from China.
Read more »
China books fresh deal for 828,000 tonnes of U.S. soybeansU.S. exporters sold 828,000 tonnes of soybeans to China, the U.S. Agriculture De...
Read more »