The National Retail Federation (NRF) president and CEO Matthew Shay has issued a statement on the announcement that the United States and China have agreed to extend business and tourist visas for China residents from o ne year to 10 years.
“We applaud the administration for moving to reduce travel restraints on international shoppers and tourists. For the last three years, NRF and our partners in the Discover America Partnership have been advocating significant reforms to our visa policy, and we are happy to see progress on the National Travel and Tourism Strategy,” Shay says.
He adds that the announcement is a win-win and it will help make the United States a first-rate destination for Chinese visitors, increase cultural and economic exchange between the world’s two largest economies, and produce tangible economic benefits for American businesses and workers, especially those in the hospitality, retail and tourism sectors.
“Encouraging more international shoppers to visit the United States to eat at our restaurants, stay at our hotels and shop in our stores is a retail industry priority. We applaud the US and Chinese governments on this joint announcement,” he says.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha B / 
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
The regional grocery retail market is evolving fast keeping pace with constantly
From ethical and local sourcing to adopting cutting-edge technologies to curb food
The regional grocery retail market is becoming more and more diverse, offering
Spinneys, the leading premium fresh food retailer, has announced the opening of
Spinneys has announced the launch of The Kitchen by Spinneys, its first-ever
/ 
In what comes as a significant announcement, Middle East based eyewear majors
Emirati Gen Z women are seeking collaborative, culturally diverse and creatively enriching
GMG’s Everyday Goods – Retail division celebrates expansion milestone hitting 60 stores
Among several others, three key factors have fuelled the growth of homegrown
Empowering women, transforming communities: The rise of female-led businesses in Times Square Center
In its central Dubai location, Times Square Center stands not just as
One of UAE’s leading fresh food retailers, Spinneys has announced its intention
Acting as a bridge between Brazil and GCC markets offering a compelling
Commonly cited statistics indicate that around 20% of new businesses fail during
Louis Philippe, renowned for its premium merchandise spanning apparel, footwear and accessories,
Previous Article
