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Article Excerpt
New business-oriented hotels, expanding exhibition space and a recent international corporate travel agency partnership support statistics that indicate business travel to China is on the rise.
Some trade issues still need to be sorted out between the United States and the People's Republic of China, but business travel to the world's most populated country boomed in 2002. While severe acute respiratory syndrome brought traffic in a virtual halt this year, travel is recovering, and it is estimated that 2002 levels will return in mid-2004, given there are no unforeseen events.
"Compared with the world average level of 4 percent, China's business travel market is expected to grow at 10 percent in the next 10 years," said Tom Nutley, chairman of Reed Travel Exhibitions. By 2020, China is expected to attract more than 137 million business travelers, accounting for 8.6 percent of the world's international travel...
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