Home / Business

Hukou reform 'crucial to economic future'

By Zheng Yangpeng | China Daily | Updated: 2015-06-02 07:11

Lack of residence rights leads to short-term decisions in education, vocational training

Reform of the household registration system (hukou) could have the most direct impact on the economy as the nation's traditional advantages such as cheap and abundant labor wane, a top economist told China Daily.

Cai Fang, vice-president of the Chinese Academy of Social Sciences and a top expert on labor economics, identified hukou reform and education reform as the two critical steps needed to enhance long-term growth prospects in the nation.

Hukou reform 'crucial to economic future'

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349