Chinese corporate travel comes of age

Some interesting data on the Chinese corporate travel management market emerged during the first Asia-Pacific Corporate Travel Summit in Shanghai.
According to iResearch, the transaction size of the Chinese corporate travel management market exceeded RMB100 billion in 2014, an increase of 17.2% over 2013.
Fang Jiqin, vice president of Ctrip and CEO of Ctrip Corporate Travel, said that as more and more Chinese companies begin to understand the notion of travel management, its value and importance are increasingly recognised.
Chinese companies are switching their attention from cost savings to a more advanced, standardised and transparent management system.
Since entering the corporate travel market in 2006, Ctrip has constantly absorbed and integrated international travel management ideas and improved its global vision and international service ability in terms of all aspects of products, technologies and services.