Managed business travel in China may not be as mature as in other markets. Flight tickets and hotel reservations accounted for the major market transaction share. The 30 billion market has attracted online travel agencies and portals to enter the battlefield, making travel planning and booking especially convenient for small and medium-sized enterprises (SME). In 2018, over 57 percent of SMEs had used mobile apps for travel bookings. To compete with the online platforms, more TMCs have developed a one-stop service with smart cost control systems. It suffices to say the travel management sector still has plenty room to grow in China.
Apart from corporate travel, the Chinese exhibition sector has remained constant growth, in both domestic and overseas regions. Ever since 2013, at least 500 more exhibitions have been organized in China each year. In 2018, over nine thousand trade exhibitions were held in the 286 operated exhibition venues, representing a double-digit rise. In terms of exhibition space, Shanghai and Guangzhou are the leading trade show hosts offering over ten million square meters. Chinese companies have set up their footage in international exhibitions. In 2018, China held around 107 trade exhibitions in other countries. That year, China Product Fair in Dubai was China’s largest overseas exhibition with a size of 42.8 thousand square meters.