Core Points - The APEC Business Travel Card (APEC Card) significantly facilitates the international business travel of Chinese enterprises, allowing holders to travel freely among 17 economies without the need for additional visas for five years [1][2][3] - The Shanghai government has streamlined the application process for the APEC Card, resulting in a 35% increase in applications from January to August this year compared to the same period last year [1][4] - The card provides not only visa-free travel but also expedited customs clearance at major airports, enhancing the efficiency of business operations for companies [3][6] Group 1: APEC Card Benefits - The APEC Card allows for stays ranging from 60 to 180 days in various economies, making it easier for companies to engage in business activities [1][2] - Companies can save significant costs on visa applications, as the APEC Card requires only an initial fee of 1,220 yuan, with no further visa expenses for five years [2][3] - The card enhances trust and recognition from international partners, as it signifies government endorsement of the cardholder's business [3] Group 2: Application Process Improvements - Shanghai has implemented a fully online application system for the APEC Card, reducing the required documentation from seven to three items [4][5] - The introduction of a "pre-card issuance" policy allows companies to apply for the card as soon as they receive a visa for one of the APEC economies, improving efficiency [5] - The government has actively promoted the APEC Card through various outreach activities, encouraging more enterprises to apply [5][7] Group 3: Impact on Business Expansion - The APEC Card has enabled Shanghai companies to expand their operations internationally, with many establishing offices in APEC economies such as Russia, Malaysia, and Australia [6] - The card has facilitated the development of global supply chains and market penetration, particularly in Southeast Asia [6] - Companies report that their international visibility has increased, leading to more opportunities and partnerships in foreign markets [6]