In 2022, the spending of business travel in China was lower than forecasted in August of that year. The spending dropped nearly five percent compared to the previous year, to around 259 billion U.S. dollars. The corporate travel spending trend, however, was forecasted to pick up and exceed 500 billion U.S. dollars by 2027.
Business travel spending of China from 2013 to 2022 with forecasts until 2027
(in billion U.S. dollars)
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Sohu. (May 13, 2024). Business travel spending of China from 2013 to 2022 with forecasts until 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/277854/business-travel-spending-china/
Sohu. "Business travel spending of China from 2013 to 2022 with forecasts until 2027 (in billion U.S. dollars)." Chart. May 13, 2024. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/277854/business-travel-spending-china/
Sohu. (2024). Business travel spending of China from 2013 to 2022 with forecasts until 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/277854/business-travel-spending-china/
Sohu. "Business Travel Spending of China from 2013 to 2022 with Forecasts until 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 May 2024, https://www.statista.com/statistics/277854/business-travel-spending-china/
Sohu, Business travel spending of China from 2013 to 2022 with forecasts until 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/277854/business-travel-spending-china/ (last visited November 25, 2024)
Business travel spending of China from 2013 to 2022 with forecasts until 2027 (in billion U.S. dollars) [Graph], Sohu, May 13, 2024. [Online]. Available: https://www.statista.com/statistics/277854/business-travel-spending-china/