落户 (luò hù): การชําระเงิน

After graduating from university, Xiao Li found a good job in Shanghai. The next year, he transferred his household registration from his hometown to Shanghai and officially settled in the city.

This foreign company decided to set up a branch in China. After several months of preparation, it finally settled in Beijing and began official operations.

With the development of urbanization, more and more young people choose to work and live in large coastal cities, hoping to settle down and start a family there.

After the new policy was introduced, eligible graduates can directly settle (obtain household registration) without having to wait as long as before.