US strategy to boost outbound tourism Market

The United States and China will grant visas valid for up to ten years for visitors between the two countries under one announced by US President Barack Obama agreed.
Obama said the move would be "beneficial to all," speaking at a high-level summit of Heads of Asian companies in Beijing, known as APEC.

US strategy to boost outbound tourism Market

Visas between the two countries were previously valid for one year.
Sino-US relations have been rocky in the middle of the increased presence of the US in the Pacific and concerns over cyber espionage.

Obama's plan

But on Monday, Mr. Obama told the Asia-Pacific Economic Cooperation (Apec) summit as executive chef greeted us the advent of a "thriving China, peaceful and stable."
"We want China to do well," Obama said. "We
compete for business, but we also seek to cooperate on a wide range of common challenges and common opportunities." Under the new visa rules, which come into force on Wednesday, student visas will be valid for five years, while business and tourist visas are valid for 10 years.
The agreement does not change how long a traveler will be allowed to remain in the United States or China, but how long the visas are valid for entry.
The United States will continue to require a personal interview as part of the visa application.White House officials said they hoped the deal would bring more Chinese visitors and spending to the US.
"Chinese tourists cite ease of visa policies as the second most important factor in deciding where to go for travelling, behind only cost," the White House said in a statement.
"A good visa policy is needed to these chinese tourists to secure our place as the chosen destination for millions of Chinese travellers." source 

About 100 million Chinese travelled abroad last year, but less than 2% spent time in the US.
Despite Mr Obama's upbeat message in announcing the visa changes, he reiterated that America would continue to press China on a number of issues including cyber espionage, currency manipulation and human rights.

"We're not going to stop speaking out on behalf of the things that we care about," Mr Obama said. He and Chinese President Xi Jinping are expected to meet later in the summit.
bbc