Chinese Province Scrapping Household Registration Rules to Promote Common Prosperity

(Bloomberg) --China’s eastern province of Zhejiang will remove restrictions on household registrations in most areas except for the capital city of Hangzhou in a move to foster income equality and spur economic growth.

China’s household registration system, known as hukou, restricts people from accessing government services outside the area where they are registered. The location of registration is generally determined by parents’ legal residence at the time of birth.