BEIJING - China outlined plans late on Wednesday to promote the freer movement of labour as authorities look to cushion slowing growth in the world's second-biggest economy.
These are the latest in a slew of policy announcements Beijing has made in the final weeks of 2019 after President Xi Jinping led a December meeting of top officials to plan out the coming year's economic priorities. Premier Li Keqiang also pledged last week to give foreign investors greater access to the country's service sectors, including finance and healthcare.
China's household registration system has been cited by a number of economists as one hurdle to such movement. The steps outlined by the State Council would eliminate the hukou system in cities with less than three million residents and relax it in cities with populations of three to five million.
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