According to the latest news from WorldWay: Obama stated at the APEC summit that there is no forum as important as this one, as the economy of this region accounts for over 40% of the world. Business leaders once believed that the United States was the most successful economy in the world, so we must start over again.
I have hosted President Xi twice in the United States, and I agree with what he said: the Pacific is big enough to accommodate both China and the United States. I reiterate that we welcome China's prosperity and peaceful rise. We have decided to extend the validity of business visas to 10 years and student visas to 5 years...
WorldWay has verified the following reports from foreign media, and major media outlets have followed up. Let us take a look at the coverage from overseas media:
Yahoo reported:
"The consular agreement for citizens of both countries will see student visas extended to 5 years, and business and tourist visas extended to 10 years, up from the current one year."
"Last year, there were 1.8 million Chinese tourists to the United States, and Obama said: they contributed a total of $21 billion to economic development and provided 100,000 jobs."
The Washington Times:
"The new visa policy aims to leverage China as the fastest-growing tourism market. Officials say that China has 100 million outbound tourists each year, but only 1.8 million visited the United States last year."
"The White House stated that the new visa agreement is expected to attract 7.3 million Chinese tourists over the next 7 years."
"The United States will begin issuing new visas on Wednesday."
The Guardian:
"However, the actual effect may not be significant. The visa agreement does not extend the duration of stay for Americans in China, nor vice versa, but merely extends the validity period of the visa to enter a country. Similarly, the restrictions on obtaining U.S. visas and the conditions for changes, including for those who do not reside near U.S. consulates, still require personal interviews."
"We view this as a significant victory," officials claimed, expecting this new policy to create 440,000 jobs in the U.S. by 2021 and inject $85 billion into the economy each year."
WorldWay Times:
"The United States will implement the new policy starting November 12."
Edited by WorldWay
