Market Insights

China Expands Visa-Free Entry to Citizens from Six Additional European Countries

By 7 March, 2024No Comments

Tourists at the temple of heavenly peace, Beijing

China’s recent announcement to allow visa-free entry for citizens from six additional European countries has sparked excitement and anticipation among travellers and businesses alike. The decision, revealed by Foreign Minister Wang Yi during the National People’s Congress meeting in Beijing, marks a significant step towards facilitating easier travel and fostering international relations.

Starting from March 14, citizens of Switzerland, Ireland, Hungary, Austria, Belgium, and Luxembourg will be granted a visa-free stay of up to 15 days in China, covering various purposes including business, tourism, family visits, and transit. This move comes in addition to the previous extension of visa-free travel to citizens of France, Germany, Italy, the Netherlands, and Spain, further enhancing connectivity between China and Europe.

Foreign Minister Wang Yi emphasized during the press conference, “I would like to inform you that starting from March 14, China will further implement the visa-free policy for Switzerland, Ireland, Hungary, Austria, Belgium, and Luxembourg on a trial basis.”

Pudong airport, Shanghai

Johan Annell, Partner at ARC Group, views this development as a significant opportunity for businesses. “The expansion of visa-free travel to additional European countries presents a promising prospect for enhancing business collaborations and broadening market reach,” stated Annell.

Furthermore, Annell highlights that “In the foreign business community, there’s already a noticeable increase in interest and business travel to China among nationalities that already enjoy visa-free travel”.

As a global financial services and advisory firm deeply rooted in Asia, we acknowledge the importance of such measures in facilitating cross-border collaborations and enhancing market access between Asia, the US, and Europe. These initiatives resonate with our mission of bridging the gap between Asian markets and those in the US and Europe, laying the groundwork for expanded business opportunities and investment prospects.

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