Source: South China Morning PostChina is preparing to overhaul its decades-old household registration system to allow people from rural areas to become permanent residents in cities, as the country ramps up urbanisation to spur growth.To speed up “full integration” of rural residents into cities, China plans to loosen residency restrictions in most urban areas and launch a points system to replace the household registration system, or hukou, according to a draft of the government’s 14th five-year plan.The draft, released on…Read More