What is the residence permit? What's the difference between a residence permit and an account?

Legal analysis: Residence permit is an attempt made by some developed cities in China to learn from the "green card" system of developed countries, which has accumulated experience for China to formulate skilled migration measures and eventually form a nationwide "green card" system. Holders of residence permits can enjoy the treatment of local residents. After applying for a residence permit, those who meet certain conditions can go to registered permanent residence. For example, if you have applied for a Shanghai residence permit in Shanghai for seven years, you are eligible to apply for a permanent residence in Shanghai. Several conditions for applying for a permanent residence in Shanghai: (1) To apply for a residence permit in Shanghai, you must be at least 7 years old; (2) social security contributions can be accumulated after 7 years, and those that are paid back are not counted; (3) the tax bill must be 7 years, and in principle it cannot be 0; (4) No illegal births; (5) No criminal record; (6) You must have a real estate license to settle down; (7) Having the qualification certificate of intermediate title or equivalent intermediate title recognized by Shanghai; (8) If Article 7 is not met, the social security base in the last 36 months needs to be twice the average level in Shanghai.

Legal basis: Provisional Regulations on Residence Permit

Article 2 Citizens who have left their permanent residence to live in other cities for more than half a year and meet one of the conditions of legally stable employment, legally stable residence and continuous study may apply for residence permits in accordance with the provisions of these Regulations.

Article 3 The residence permit is the proof that the holder lives in the place of residence, enjoys the basic public services and conveniences of the permanent population, and applies for the registration of permanent residence.