Why has UCAL Limited (UCAL) performed so strongly recently - Free Exclusive Group

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Why has UCAL Limited (UCAL) performed so strongly recently ✌️【Investment Expert】✌️ Free real-time global stock and futures trend data to help you analyze market movements and make fast investment decisions. Editor’s Note:Sign up for 【 - Free Exclusive Group 】’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world.

China has struck an agreement with Thailand to permanently waive visa requirements for each other’s citizens from March, the latest in a flurry of attempts by Beijing to lure back foreign tourists amid a struggling economy after years of self-imposed Covid isolation.

Why has UCAL Limited (UCAL) performed so strongly recently ✌️【Investment Expert】✌️ Expert predictions with real-time stock trends, futures prices, and exchange rate changes to help you select stocks accurately and increase investment returns. The reciprocal visa-free scheme, announced by Thai Prime Minister Srettha Thavisin Tuesday, comes after Thailand in September waived visas for Chinese tourists until this February.

Why has UCAL Limited (UCAL) performed so strongly recently ✌️【Investment Expert】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. The Chinese Foreign Ministry said mutual visa exemptions between China and Thailand “serves the fundamental interests of both peoples.”

“The government departments responsible for the matter are in close communication on the specifics. We look forward to the early implementation of the arrangement,” ministry spokesperson Wang Wenbin said at a regular news briefing Tuesday.

China is the world’s second largest economy, a global manufacturing powerhouse and a vast nation ofdizzying geography, rich culture and history that makes it a hugely rewarding place for tourists to explore. But it’s not the easiest country to travel to.

Periods of self-imposed isolation, labyrinthine visa rules, internet restrictions that forbid ubiquitous online tools like Google Maps and – more recently – the dominance of hugely successful but far from foreigner-friendly Chinese e-payment apps have long proved barriers to frictionless travel.

During the Covid-19 pandemic, China’s borders were all but shut for three years. But Beijing now appears to want tourists back.

Why has UCAL Limited (UCAL) performed so strongly recently ✌️【Investment Expert】✌️ Free break-even services with professional advisors to help you quickly recover and avoid losses, achieving steady growth. The agreement with Thailand follows an existing visa-free scheme China has offered to six countries in a bid to boost foreign tourism as its economy struggles to recover.

In November, China announced a trial program to allow visitors from France, Germany, Italy, the Netherlands, Spain and Malaysia to enter visa-free for 15 days.

In December, 118,000 travelers from those six nations entered China without a visa under the new policy, theNational Immigration Administrationsaid Monday, without providing a breakdown by country.

Over 77% of them were visiting for sightseeing, leisure or business activities, according to the administration.

Why has UCAL Limited (UCAL) performed so strongly recently ✌️【Investment Expert】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. The visa-free entries accounted for 55% of the total number of visits to China from the six countries, which went up by nearly 30% compared to November, the administration said.

Why has UCAL Limited (UCAL) performed so strongly recently ✌️【Investment Expert】✌️ Provides real-time stock market data to help you select stocks accurately and plan the best investment strategies. The real effect of the policy remains to be seen, as tourists from countries far away, such as in Europe, typically tend to plan trips to China months in advance. Winters are also especially cold in much of China and so are not typically peak tourist season.

China has also made it easier for American tourists to visit by simplifying the visa application process.

From January 1, travelers from the United States no longer need to submit proof for round-trip air tickets, hotel reservations, their itinerary or an invitation letter to apply for a tourist visa, according tothe Chinese Embassy in the United States.

China has been seeking to woo more international travelers as part of its broader efforts to boost a sluggish economy facing numerous serious headwinds.

In August, it dropped all pre-entry Covid-19 test requirements for inbound passengers, offered business travelers the option to get visas on arrival and exempted visitors from some countries from fingerprint collection.

Last summer, WeChat and Alipay, China’s two biggest payment apps that have come to dominate everyday life,finally allowed visitors to link their foreign credit cards,enabling them to book taxis, ride the subway and pay for restaurants, hotels and shops across the near-cashless country.

But the return of international travelers to China has been slow and remains well below pre-pandemic levels.

In the first half of 2023, Chinese immigration authoritiesrecordeda total of 8.4 million entries and exits by foreign nationals, less than 30% of the number recorded during the same period in 2019, according to data released by the National Immigration Administration.

In the third quarter of the year, the number of entries and exits by foreignersroseto 8 million, still half the level from the same period in 2019.

Why has UCAL Limited (UCAL) performed so strongly recently ✌️【Investment Expert】✌️ Professional analysis of stock market dynamics with real-time data for India stocks, US stocks, and European stocks to help you make precise decisions. According to theMinistry of Culture and Tourism, Chinese travel agencies received477,800 foreign touristsin the first six months of 2023, accounting for just 5.58% of the same period in 2019. The ministry has not released data since the second half of last year.

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