Notice Of The Ministry Of Finance On Adjusting The Standard Of Accommodation Fees For Central And State Organs

The Ministry of finance will adjust the travel of the central and state organs.

The notice of standards and other related issues (money bank [2015] 497) is forwarded to you, please strictly comply with the implementation.

Every unit should be strengthened.

Examination and approval of reimbursement

No violation of travel expenses is strictly prohibited.

The lodging fee must be strictly controlled within the standard and be reimbursed in real terms. It is not allowed to make use of the accommodation fee or to reward the saving part.

Annex: Notice of the Ministry of Finance on adjusting the standard of travel expenses for central and state organs and other related issues (CAI [2015] 497)

General Office of the General Administration of safety supervision

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"Despite slowing growth in China's economy, executives said their travel budgets increased by 4.79% over the previous year, exceeding the 3.1% expected in 2014.

49% of enterprises regard travel as an "investment" rather than "necessary expenditure", compared with last year, the number of such enterprises increased by 11%.

In addition, 74% of the companies interviewed said that travel procurement would be decided by the company's sales and project planning.

In November 26th, the CITS express business trip released the "barometer of China business travel survey 2015" in the Eleventh China Business Travel Forum (CBTF).

According to the report, 45% of the companies surveyed indicated that their travel budgets were basically the same as those in previous years. 43% of the companies said that the budget increased by 34% compared with 2014. On the contrary, 12% of the companies indicated that their travel budgets had been reduced, a 17% decrease compared with the previous year.

"Despite the relatively severe economic situation in China, companies are continuing to increase their annual travel expenses.

Business people are aware of the importance of travel to business growth.

As the economic situation changes, they will pay more attention to achieving top line growth and improving the efficiency of the travel budget.

Macro Prllizzer, vice president of China and Hongkong region, is an analysis.

Prllizzer said, "the impact on China's economy and other Asian countries is obvious from the factors inside and outside China.

China is no longer restricted by geographical boundaries. Chinese business leaders are increasingly recognizing the importance of travel to the development of the company.

They want to increase the related expenses and use technology to make travel items more efficient.

In addition, they are more involved in assessing the overall travel activities and understanding the return on investment.

The relationship between the company and the travel agency is also becoming more and more closely related. They seek greater efficiency by seeking expert advice and professional tools.