by Michael C. Lowe | April 24, 2013

A report released by the Global Business Travel Association predicts business-travel spending to increase by 15 percent as China remains on track to become the world's largest business-travel market. In its BTI Outlook–China 2013 H1 report, a semi-annual analysis of China's development in the business-travel sector, GBTA notes that China's economy is forecast to increase by 8.3 percent this year and continue to grow just below 9 percent next year. Business travel to China has increased by an average of 15.5 percent per year from 2000 to 2012 and is forecast to increase by 15.1 percent this year. to the tune of $226 billion. In 2014, that number will jump to 16.9 percent, more than twice the rate of  such growth in the United States.