Core Insights - The article discusses the significant reduction in business travel within foreign enterprises, particularly in the pharmaceutical and airline industries, as a response to cost-cutting measures and the adoption of remote communication tools [10][16][21] - The shift from frequent business travel to online meetings has become a new norm, with companies prioritizing cost efficiency and sustainability [15][16][21] Group 1: Business Travel Changes - Companies are implementing strict measures to limit unnecessary travel, such as banning internal meetings and non-essential trips, indicating a cultural shift in business practices [1][10] - The frequency of business travel has drastically decreased compared to pre-pandemic levels, with employees adapting to online meetings as a more convenient alternative [3][6] - The cost of travel has become a major concern, with companies tightening their travel budgets and employees facing stricter reimbursement policies [3][11] Group 2: Industry Impact - The pharmaceutical industry is experiencing significant profit compression due to government procurement policies, leading to a need for cost-saving measures, including reduced travel [11][12] - The airline industry, particularly foreign carriers, is facing challenges due to increased operational costs and competition from domestic airlines, further impacting travel budgets [14][21] - Hotels and travel agencies that previously relied on corporate travel are now struggling, as the demand for traditional business travel has diminished [20][21] Group 3: Future Outlook - The reduction in business travel is not only a cost-saving strategy but also aligns with corporate sustainability goals, as companies aim to reduce their carbon footprints [15][16] - The future of business meetings is expected to be more rational and efficient, focusing on achieving consensus rather than merely socializing [21][22] - The hospitality and MICE (Meetings, Incentives, Conferences, and Exhibitions) industries are adapting by offering new services and formats to attract clients in a changing market [21][22]