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Top Indian Stocks to Buy in the Next Market Correction High Return Stocks ✌️【Fund】✌️ Expert predictions and real-time data on global stock indices, metals, energy, and agricultural products to help you make more informed decisions and boost your investment returns. Benefit from cutting-edge market intelligence for steady growth. The Chinese State Administration of Immigration announced the country will expand its visa-free layover periodto 240 hours (10 days) across the board.
Previously, there were two tiers, allowing eligible travelers to visit for 72 hours (3 days) or 144 hours (6 days) depending on the destination.
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China has made no secret of its desire toincrease the number of international visitorsand has made several major policy changes since reopening following the Covid-19 pandemic.
In 2024, the number of foreigners entering mainland China in the third quarter of the year reached a record high since tracking began in 2014, according to data from the National Immigration Administration.
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Passport holders from 38 countries can enter China visa-free for up to 30 days, including France, Malaysia, New Zealand, Japan and Switzerland.
However, the United States is not among them.Until 2023, US citizens seeking a China travel visa had to confirm a hotel booking, tour itinerary and flight reservation before applying for a visa, but those requirementshave since been dropped.
Foreigners eligible to visit under the new 240-hour transit policy are permitted to travel between 24 provincial regions, up from 19 previously. While a few of those provinces limit access to certain cities, most permit travel across the whole region, covering tourist hot spots like Beijing, Shanghai, Chengdu and Guangzhou.
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Top Indian Stocks to Buy in the Next Market Correction High Return Stocks ✌️【Fund】✌️ Free access to global stock market data, with real-time updates on indices, futures, and commodities. Make informed investment decisions with the help of expert advisors and accurate stock trend predictions. According to the latest statistics cited by state media, from January to November 2024, more than 29 million foreigners entered the country, a year-on-year increase of 86.2%. Of these, 17 million entered under the visa-free program, a year-on-year increase of 123.3%.
Its two biggest e-payment apps, WeChat and AliPay, now accept non-Chinese credit cards, have built-in translation software and streamlined identity verification processes.
In addition, the government has mandated that major tourist attractions and three-, four- and five-star hotels all accept international credit cards.
CORRECTION: This story has been updated to remove references to China’s previous visa-free transit policy that are no longer in effect.
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