FCM Travel Asia foresees an increase in Business Travel as China and Singapore reach a 30-day Visa-Free Entry Agreement
China and Singapore have reached an agreement to grant a 30-day visa-free entry for their citizens from 9th February 2024, a day before the Golden Week holidays. This policy extends to both leisure and business travellers.
“It has been a year since China, one of the top markets in the world for business travel spending, re-opened its borders since the pandemic. We have been looking forward to the easing of visa requirements between China and Singapore as China has been Singapore’s largest trading partner since 2013, with bilateral trading volume at US$55.6 billion for the first half of 2023, said Calvin Xie, General Manager of FCM Greater China.
“Chinese companies are also expanding their footprints globally with notable success in Southeast Asia, and with Singapore known as a regional tourism hub for both companies and tourists, we foresee an increase in business travel,” added Calvin Xie, General Manager of FCM Greater China.
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