American Express, the world's largest business travel management company, recently signed a five-year renewal of its exclusive strategic cooperation agreement with China TravelSky Technology Limited, a unit of China TravelSky Holding, China's largest electronic air travel distribution system provider.
Under the agreement, China TravelSky will continue to be the sole service provider for American Express' Global Distribution System in mainland China.
The two companies established the partnership in 2005. China TravelSky has provided services, facilities, technologies, products and systems for American Express' companies in mainland China.
American Express says that the cooperation with China TravelSky has helped to further complete its product and service portfolio in China and to consolidate its position as a leader in China's business travel market.
American Express adds that the extension of the partnership will help the company maintain its leading position in the whole industry, especially in the fields of tourism products and service innovation. It states that it is always committed to providing Chinese enterprises industry-leading services, including hotel, online booking and mobile applications to meet demands from various clients.