NEWSLETTER Issue X of 2014
2014/11/13

New China 10-year Visa Program To

Contribute $85 Billion Annually To the U.S. Economy

Supporting 440,000 New American jobs

· As a result of the new China-U.S. visa agreement, the Chinese Embassy in Washington DC and consulates around the U.S. are now issuing 10-year multi-entry visas to U.S. citizens as of November 11, 2014, for the purpose of tourism, trade, business and to visit family.

· As of November 11, 2014, U.S. students who wish to study in China for more than 180 days may apply for 5-year multiple entry visa.

· The new visa agreement is based on the principle of equality and reciprocity, the result of friendly consultation between the two countries,

· A Chinese Foreign Ministry spokesman stated that the new arrangement will help facilitate personal and professional exchanges between the two countries, and enhance U.S. – China cooperation in various fields.

· President Obama said earlier this week in Beijing that the new arrangement “clearly serves the mutual interest of both of our countries,” and a White House official hailed it as a “game changer” for the U.S.- China bilateral relationship.

· In addition, the U.S. estimates that as a result of these visa changes, up to 7.3 million Chinese visitors are projected to visit by 2021, contributing about $85 billion per year to the American economy and supporting 440,000 new American jobs.

 

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