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2012/02/10

Beijing hukou costs 500,000 Yuan ($80,000)

-on the black market! 
Pulpit rock
As China experiences rapid urbanization, residence permits (户口,hùkǒu) for major cities have become extremely valuable.

What in the world is a HUKOU!??!
from Wikipedia:
The Communist Party instigated a command economy when it came to power in 1949. In 1958, the Chinese government officially promulgated the family register system to control the movement of people between urban and rural areas. Individuals were broadly categorised as a "rural" or "urban" worker.[4] A worker seeking to move from the country to urban areas to take up non-agricultural work would have to apply through the relevant bureaucracies. The number of workers allowed to make such moves was tightly controlled. Migrant workers would require six passes to work in provinces other than their own.[5] People who worked outside their authorized domain or geographical area would not qualify for grain rations, employer-provided housing, or health care.[6] There were controls over education, employment, marriage and so on.[4]
Beijing hukou costs 500,000 Yuan | China Whisper: 'via Blog this'


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