Hong Kong,Taiwan and Macau Residents To Apply For Residency Permit in China Mainland

CNBC describes the resident permit as a 'Carrot and Sticker' strategy that Beijing use for a stricter boarder control.

China intends to raise the number of urban residents to 60 per cent by 2020. (AAP) Source: Imaginechina

Last week, China stated that those from Hong Kong, Macau and Taiwan can apply for resident permits in mainland if they have been there over half a year. 

CNBC describes the resident permit as a 'Carrot and Sticker' strategy that Beijing use for a stricter boarder control. 

Some Hon Kong residents are concerned over a upcoming trend of migration to the mainland among younger generations. 

However, Carrie Lam, Chief Executive of Hong Kong speaks highly of this new policy, which is not adored by Taiwanese politicians. 

Find out more on SBS Mandarin Website.