In a significant move to bolster tourism and deepen international ties, China announced on March 14 a unilateral visa-free policy for ordinary passport holders from Switzerland, Ireland, Hungary, Austria, Belgium, and Luxembourg. This initiative builds on China’s optimized visa policy introduced in December 2023, which aimed to simplify visa procedures and reduce costs for foreign travelers.
Chinese Foreign Minister Wang Yi highlighted the importance of this policy during his meeting with Belgian Prime Minister Alexander De Croo in January. He emphasized China's commitment to fostering China-EU cooperation as both sides embark on \"a new beginning\" in their relations. The introduction of the visa-free policy aligns with China’s \"dual circulation\" strategy, which focuses on strengthening both domestic and international economic activities.
The new visa-free arrangement is expected to significantly revive China’s inbound tourism market. One of the key drivers is the rapid recovery of flight capacities between China and the six eligible European countries. According to the latest data from Chinese travel agency Ctrip, flight capacities to Switzerland, Austria, and Luxembourg have rebounded to 60 percent of their 2019 levels, while Belgium has reached nearly 90 percent recovery. Notably, Hungary has seen more than a twofold increase in flight capacity compared to pre-COVID levels.
Moreover, tourists from these six countries are known for their high average incomes and strong spending power. The International Monetary Fund reported that Luxembourg and Ireland boast per capita GDPs exceeding $100,000, positioning them as major financial hubs in Europe with headquarters of numerous multinational corporations. Switzerland ranks fourth globally and in Europe in terms of GDP per capita, while Austria and Hungary maintain upper-middle rankings. The residents of these countries have shown a substantial and stable demand for travel to China, driven by their high recognition of China’s rich tourism resources.
By implementing this visa-free policy, China not only aims to stimulate its tourism sector but also seeks to enhance trade and investment flows with these economically robust European nations. This strategic move is poised to foster stronger economic and cultural exchanges, benefiting both China and its European partners.
Reference(s):
cgtn.com
