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Li Keqiang: Cancel Household Register Restrictions and Diploma Requirements for Entrepreneurs

Chinese Premier Li Keqiang chaired a State Council Executive Meeting on June 4, 2015. To facilitate innovation and entrepreneurship in China, the meeting decided to cancel the household register restrictions and academic diploma requirements for entrepreneurs. However, residence restrictions in Beijing, Shanghai, Guangzhou, and Shenzhen will not be canceled within a short period of time due to the limited capacity of these first tier cities. The 2nd and 3rd tier cities will take the lead to attract new entrepreneurs from outside, who may or may not have academic diplomas. “As long as you have the will and ability to start a business, no matter where are you from, and regardless of your educational level, the policies will support you.”

Source: People’s Daily, June 7, 2015
http://politics.people.com.cn/n/2015/0607/c1001-27116255.html