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Foreign investors gain rare residency honour

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SCMP Reporter

Anhui province has given five foreign corporate leaders permanent Chinese residency as a reward for their investment and contributions to the region - the first time the special status has been granted in the province.

Two German and three Japanese businessmen received the special status in Hefei on Wednesday at a ceremony held jointly by the provincial Government and officials from the Public Security Bureau.

'These five have been in China for a long time, and they have all made substantial investments in the region,' said Sun Li, a senior official with the Anhui provincial Public Security Bureau.

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'But more importantly, they have obeyed the laws and regulations of the Chinese Government and have been good to the Chinese people,' he said.

'In the future, we will consider granting similar status to other foreigners who stay in China for a long period of time, make substantial economic contributions and, most importantly, respect Chinese laws.'

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The permanent residency qualification grants holders the right to travel in and out of China for business or pleasure.

Visas will be stamped for five-year periods, and will be renewable for free without question.

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