Shanghai: Working here, these graduates can

Shanghai will relax its household registration permit regulations from July by granting the permits, or hukou, to non-locals who've graduated from the world's top 50 universities and work in the city, without requirements on the amount of social security paid beforehand.

According to the policy issued by the Shanghai Human Resources and Social Security Bureau on June 1, the short-listed candidates, unlike regular candidates, will not be required to earn points based on conditions such as the amount of time they've made social security payments in the city. Instead, they can obtain the hukou for immediate settlement.

In addition, new graduates from the world's top 100 universities can qualify for a hukou if they pay social insurance in the city for six months and have full-time jobs in the city.

Authorities will take their reference from the world university rankings of Times Higher Education, US News & World Report, Quacquarelli Symonds World University Rankings, and Shanghai Ranking's Academic Ranking of World Universities, according to the policy.

Journalist：Cao Chen

Source：China Daily, CCTV's Finance and Economics