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How Big is China Business Travel?
By: Dylan Sun
We have already seen that China business travel is having a bright scope in the sub-continent and due to the rising import/export and global sourcing trends in China, it is likely to grow even more in the future. But this is a mere quantitative statement not of much interest to a statistician or a researcher who deal and believe in numbers even if they are an estimate and not the exact value. So let us try to find out a few statistics about China business travel and how the expanding activities of import/export have affected them.
According to even the most conservative of estimates, the China business market is going to become the third largest in the world by the year 2010. This estimate is not based on any guesswork but has been found through laborious surveys conducted by the American Express business travel on the subject of corporate business travels. Of course the methods used to carry out the survey might be different but several such surveys point out to similar results. Even otherwise it is common sense to think that since China business, import/export and global sourcing is expanding at a phenomenal rate; associated activities of business travel are certainly going to increase. Agreed that in the current times technology has developed a lot and business managers can communicate with other people without ever physically leaving their location, yet at the same time it must be remembered that human interaction lies at the bottom of these activities and therefore travel related to China business will certainly be on the rise.
Another projection of future figure estimates has shown that by the end of the second decade of this century i.e. by the year 2020, business travel in China would involve at least five times more people travelling across the nation as they travel today. This certainly seems to be a very positive projection about the China business and certainly it indirectly indicates that the import/export and global sourcing activities are also going to be on the rise. Another figures show that nearly 20 billion US dollars are spent every year on the domestic travel related to business tours in China.
China Business Travel: the Cultural Perspective
By: Dylan Sun
We know a lot about the booming economy of China and the tremendous opportunities and potential that it has brought to China business and opened up new vistas for import/export and global sourcing deals; with some of the most developed nations of the world keeping a close watch in China business in order to benefit from the economy and securing import/export orders and global sourcing deals with the nation. But an ancient civilisation such as China is just not worth only because of the recent boom in economy and China business after adopting open market policies and shunning away communism slowly but steadily in favour of privatisation thus leading to more import/export and global sourcing opportunities for traders; but also it has a charm of its own because of the cultural heritage which is very dear to the people of China and apart from developing China business, import/export and global sourcing, the Chinese government is also laying stress of preservation of its heritage and culture which has been around for hundreds and hundreds of years.
In fact it is not possible to describe the culture and values of such an ancient nation having a history of more than five thousand years in a short article but just for the knowledge of the reader, it would be sufficient to mention that the term Chinese culture broadly covers Confucianism and Taoism, languages having different dialects, mythology, spiritualism, music, arts, martial arts and so forth. One of the most interesting aspects of Chinese culture is the cuisine which is dear to everyone and consists of a variety of tastes and is said to be one of the richest cuisines in the world. China business has bought a lot of travelers with itself which could feast on such tasty cuisines and satisfy their appetite. Travelers come for far and wide in search of import/export and global sourcing deals and in the process of traveling and securing China business deals, they also taste new dishes. This in turn sometimes leads to additional import/export and global sourcing of eatables due to the delicious nature of the cuisines.
Broadly speaking there are eight regional cuisines each having their unique characteristics which should be sufficient to satisfy the eating lust of any China business traveler hungry in search of import/export and global sourcing deals.
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