China opens the country, hope, purchasing power, Thai real estate, Property Inside Column by : Surachet Kongcheep, Managing Director of Property DNA Co., Ltd. (Property DNA)

The Chinese government announced after January 8, 2023, the lifting of quarantine for people arriving from abroad. Including allowing foreigners who want to travel to China To visit relatives, work, contact business and study, can enter the country without conditional detention, that is, must undergo a RT-PCR test 48 hours before traveling.

  Although previously, the aforementioned foreigners were allowed to enter China. Quarantine is required in places designated by the government and local authorities. And have to request a health code (Health Declaration) from the Chinese embassy, which is still considered difficult. But the new announcement that the Chinese government announced No more quarantine or requesting health codes.

New measures announced by the Chinese government This means that within China, health codes will not be used to travel between cities, provinces, or access public transportation. or the use of services in many place anymore which will make traveling within the country more convenient

Although it may still be vigilant about the number of people infected with COVID-19 That continues to increase every day, however, the matter of traveling out of the country of Chinese people may still have to wait for a while. Because of the airline or public transportation May not return as much as before COVID-19 The Chinese government therefore chooses to enforce this measure after the New Year period.

That is, it will take effect on January 8, 2023, as if wanting to go through the new year first. to monitor the results of the number of infected people that may increase during the New Year and there may be other measures come to support if the situation is out of control

The outbound travel of Chinese people will probably increase. If the situation no change But probably clearly seen during the Chinese New Year 2023 because it is an important festival And it's already a long holiday in China. This is usually when many Chinese return to their hometowns to visit their families.

Including leaving the country for tourism, which in the past 2-3 years has been very difficult to do. because of travel restrictions Due to government measures towards the COVID-19 situation which if the situation of COVID-19 There hasn't been much change in China yet. And the government has not taken any measures to change suddenly. The tourism business in Thailand may have to receive a large number of tourists from China for the first time in three years.

Previously, both about restrictions on traveling in and out of China. and about airlines Very few flights making it very difficult to travel outside of China to come to Thailand and high cost This has resulted in the tourism business in Thailand being halted. Because not only Chinese tourists disappeared, but other foreign tourists also disappeared, but the number of Chinese tourists clearly outnumbered other tourists.

When Chinese tourists disappear Therefore, it has a direct impact on the tourism business in Thailand. If in 2023, more Chinese tourists return than before. Although not as much as before COVID-19 is enough to help stimulate the tourism business in Thailand to be much better, other businesses related to the Chinese have also received positive benefits.

Especially in the condominium market where many entrepreneurs are waiting for the arrival of Chinese people who may buy or put a down payment on condominiums and wait for the transfer of ownership only. But in the past I couldn't do it. because of many problems If the journey is more convenient And costs are reduced, it is possible to transfer ownership of condominiums more than before.

However, if Chinese people's travel outside of China during the Chinese New Year is no problem. It is possible that this year the number of foreign tourists traveling to Thailand will once again be more than 20 million. in which the situation must be closely monitored If the number continues to increase until the first half of the year 2022

It is possible that in the second half of 2023, the number of Chinese tourists coming to Thailand will continue to increase. Because we must not forget that the Chinese government itself has to control the situation of COVID-19. in their own country as well

Source:https://www.thansettakij.com/real-estate/552561

Date 10/1/2023