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Shanghai to make permanent residency easier for experts
By Yan Zhen |
January 18, 2009, Sunday
|
Print Edition
Print Edition
EXPERIENCED and highly qualified professionals holding a Shanghai Residence Card face the prospect of being able to convert their temporary permit to permanent Shanghai residency this year.
Announcing the plan yesterday, Mayor Han Zheng said new enabling regulation would be issued before the end of February as the city pushed its doors open wider to attract professionals from both home and abroad.
"Shanghai should become a stage on which talent from all over the world can work and freely start up their own business," Han told more than 150 domestic and foreign reporters at a press conference at the end of the Shanghai People's Congress's annual session yesterday.
"The new policy is sure to provide a better environment for development in the city," he added.
To qualify for permanent residence, applicants should hold a Shanghai Residence Card and have been living in the city for a certain period of time which is yet to be worked out.
Card holders would also have to be a local taxpayer and have joined the city's social security program by making contributions to the fund on a monthly or yearly basis.
Applicants would need to demonstrate skill sets to meet technical qualifications and have clean credit and police records, Han said.
Details of the policy will be announced by the human resources and social security authority next month.
"The residency problem is always in the spotlight," Han said. "I guarantee the new system will be fair and transparent."
Han also addressed major infrastructure projects and the real estate market during the two-hour press conference.
In response to a question about Disneyland in Shanghai, Han said the government had been discussing a park plan with Disney for decades. He said the two sides recently agreed on some key issues but he would not elaborate.
As for real estate, Han said the government wanted a secure and stable housing market to play a growth role in the city's gross domestic product.
"We don't want to see a market of dramatic fluctuation," Han said.
Trading volume of newly-built houses and apartments dropped by 42 percent last year comparing with 2007.
Announcing the plan yesterday, Mayor Han Zheng said new enabling regulation would be issued before the end of February as the city pushed its doors open wider to attract professionals from both home and abroad.
"Shanghai should become a stage on which talent from all over the world can work and freely start up their own business," Han told more than 150 domestic and foreign reporters at a press conference at the end of the Shanghai People's Congress's annual session yesterday.
"The new policy is sure to provide a better environment for development in the city," he added.
To qualify for permanent residence, applicants should hold a Shanghai Residence Card and have been living in the city for a certain period of time which is yet to be worked out.
Card holders would also have to be a local taxpayer and have joined the city's social security program by making contributions to the fund on a monthly or yearly basis.
Applicants would need to demonstrate skill sets to meet technical qualifications and have clean credit and police records, Han said.
Details of the policy will be announced by the human resources and social security authority next month.
"The residency problem is always in the spotlight," Han said. "I guarantee the new system will be fair and transparent."
Han also addressed major infrastructure projects and the real estate market during the two-hour press conference.
In response to a question about Disneyland in Shanghai, Han said the government had been discussing a park plan with Disney for decades. He said the two sides recently agreed on some key issues but he would not elaborate.
As for real estate, Han said the government wanted a secure and stable housing market to play a growth role in the city's gross domestic product.
"We don't want to see a market of dramatic fluctuation," Han said.
Trading volume of newly-built houses and apartments dropped by 42 percent last year comparing with 2007.
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