Analysts believe China's eased residency restrictions for social insurance will spur long-term economic growth. The new policy allows workers to enroll in social insurance in their city of employment, fostering a unified national market.

China’s decision to ease residency restrictions on social insurance applicants will help unleash positive, long-term economic growth, according to analysts. The new measures announced on Friday by the State Council are part of China’s broader push to create a unified national market by removing barriers to the free flow of capital and talent. Under the new policy, workers can enrol in social insurance programmes in the cities where they are employed, regardless of their official household...