Business Travel Continues to Grow in China, While Organizations Adopt a More Traveller-Centric Approach to Their Business Travel Programs

CITS American Express Global Business Travel | October 26, 2016

SHANGHAI, Oct. 26, 2016 -- CITS American Express Global Business Travel today announced the results of its 2016 China Business Travel Survey (the Barometer) during the twelfth annual China Business Travel Forum (CBTF), held in Shanghai. Earlier this year, it was widely reported that expenditure on business travel in China has overtaken the United States to be the country with the largest business travel spending globally*. According to the Barometer's findings, average growth for travel and expense (T&E) budgets in China in 2016 was 4.86%, consistent with 4.8% growth in 2015, and also with the 4.42% that had been anticipated in ...