Home Secretary Theresa May has revealed plans to improve the visa system for Chinese tourists coming to the UK.
Retailers and interested parties have long fought for the existing system to be reformed, claiming it deters people from travelling to the UK in favour of Europe.
Estimates suggest the UK loses out around £1.2bn annually from the status quo, with approximately 149,000 Chinese visitors entering the country every year, compared with 1.1 million who travel to France.
Last week, May gave a private presentation to Cabinet in which she laid out plans for a “faster service” to be adopted, the Telegraph reports. She also said she would help create a more positive image for those wishing to do business in the country.
A Cabinet source told the paper: “The Home Secretary has basically backed down and agreed to sort out the problems which many people thought were threatening to hold back economic growth in this country. The message will go out in China that we want people to come and do business here.”