China will update its "green card" policy this year to make life easier for foreign residents, a source at the Ministry of Public Security confirmed on Monday.

With improved security features, the permanent resident permit is expected to guarantee more rights equal to those of Chinese citizens, such as when buying railway tickets, checking in at hotels and purchasing property.

Also on Monday, a meeting of the Central Leading Group for Comprehensively Deepening Reforms, presided over by President Xi Jinping, required further reform of permanent residency policy to facilitate foreigners living here.

"The reform should serve the nation's talent strategy, address concerns of the public, optimize the design of the credentials and improve the information system," a statement released after the meeting said.

The meeting also called for further efforts to make sure green card holders could enjoy all rights related to residency.

"The current green card is designed for entry and exit at the borders," said a Ministry of Public Security division chief who requested anonymity.

"However, the new card will be more commonly accepted in daily life. A foreign permanent resident could, for example, apply for a driver's license using only his or her green card."

The official said the ministry is in advanced discussions with other government agencies and will release a draft revision soon.