China to make permanent residency easier for foreigners

China to make permanent residency easier for foreigners

PTIUpdated: Friday, May 31, 2019, 05:58 PM IST
article-image

Beijing: China plans to make it easier for foreigners to live and work in the country under new rules for
obtaining permanent residency. Guidelines issued by China’s Cabinet aim to expand the categories of foreigners in China eligible to obtain the Chinese equivalent of a US green card. Procedures will also be simplified and restrictions relaxed on foreign students seeking jobs in the country.

The changes come as China’s economy is slowing and once-robust interest among foreign investors is falling. More than 7,000 foreigners have obtained permanent residency since the policy was adopted in 2004, a small fraction of the roughly 600,000 living in China. Many of those received the status as a reward for meritorious service to China’s economy, the arts and sciences.

RECENT STORIES

Latest News: PM Narendra Modi is addressing Indian community in Bahrain

Latest News: PM Narendra Modi is addressing Indian community in Bahrain

Latest News! Delegation of opposition party leaders to visit Srinagar tomorrow

Latest News! Delegation of opposition party leaders to visit Srinagar tomorrow

IT Ministry's Fact Check Unit (FCU) On Hold, SC Underlines The 'Freedom Of Speech'

IT Ministry's Fact Check Unit (FCU) On Hold, SC Underlines The 'Freedom Of Speech'

'Samyukta Kisan Morcha' Announces 'Bharat Band' On February 16 To Ensure Better MSP And Legal...

'Samyukta Kisan Morcha' Announces 'Bharat Band' On February 16 To Ensure Better MSP And Legal...

India vs Pakistan, ICC World Cup 2023: Pakistan Journalists Receive Visas To Cover Marquee Clash

India vs Pakistan, ICC World Cup 2023: Pakistan Journalists Receive Visas To Cover Marquee Clash