China’s migrants workers should be given local resident status, could boost spending by up to 30 per cent

Source: China – South China Morning PostProviding migrant workers in Chinese cities with full access to local government services would boost their consumption by as much as 30 per cent and help China double its middle-income population, an adviser to China’s central bank said.Nearly 64 per cent of Chinese people live in towns and cities, but only a bit more than 45 per cent have an urban hukou, an official document providing full access to local public services such as schools and hospitals, Cai Fang, a member of the People’s Bank…Read More

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