Integrated travel and expense management solutions provider Concur announced a strategic partnership with China DataCom Corporation (CDC), a joint venture between SAP and China Communications Services Corporation, a China Telecom company.
This supports Concur’s ongoing China Expansion Plan which places a focus on delivering localized and global expense management solutions for Chinese companies.
China is now the world's largest market for business travel. GBTA research shows that China's business travel market reached USD 291.2 billion in 2015, up by 11.4%, and surpassed the U.S. market of USD 289.8 billion.
The wide adoption of new technologies, including cloud computing, big data and mobile technology, is driving Chinese companies to digitize their businesses as they grow organically and through acquisitions.
