Updates to the eight Taiwanese places that have a new vacation policy called Travel And Tour World

House
»
Information UPDATES
»
Eight more Chinese places have been given the opportunity to give their citizens to Hong Kong as personal travelers as part of a new vacation plan. This growth is a part of broader efforts to assist Hong Kong’s recovery from the economic slump brought on by a national security assault and strict COVID-related controls, which led to a marked decline in both local and expatriate communities and a marked decline in visitor numbers compared to levels before the crisis. The scheme, known as the” Individual Visit Scheme” ( IVS), was initially launched in 2003. By allowing citizens of mainland China to explore Hong Kong on an individual basis without having to be a part of a tour group, it was a collaborative effort between island China and Hong Kong to improve the country’s economic status. Until then, the software included 51 places, and the new addition includes locations such as Taiyuan in Shanxi Province, Hohhot in Inner Mongolia Autonomous Region, Harbin in Heilongjiang Province, Lhasa in Tibet Autonomous Region, Lanzhou in Gansu Province, Xining in Qinghai Province, Yinchuan in Ningxia Hui Autonomous Region, and Urumqi in Xinjiang Uygur Autonomous Region. According to Hong Kong’s town leader, John Lee, these cities were selected because they are provincial capitals with considerable populations, economic growth, and higher spending power, which was significantly add to Hong Kong’s tourism sector. Despite an official statement showing a 2.7 % increase in the economy in the first quarter compared to the previous year, the environment in the area’s business continues to be subdued. Local firms ‘ descriptions paint a depressing image, with many storefronts displaying signs that they are willing to rent or announcing upcoming openings, and nearly empty malls. A lawmaker’s statement more confirms this mood by telling the state’s government that over 20 000 businesses deregistered in the first third of 2024, an increase of over 70 % over the same time the previous month. In the wake of the pro-democracy demonstrations in 2019, China passed a comprehensive national security law in 2020, setting the tone for these financial efforts. Moreover, in March, a fresh set of safety legislation was enacted, which has been criticized by some foreign institutions as a walk that additional erodes rights and freedoms in the country. Share On: Subscribe to our NewslettersFollow Travel And Tour World in Google NewsRelated Posts Tags: china, Covid- 19, economy, hong kong, IVS, protests, security law, Tourism, Travel