This paper studies the spatial distribution features of FDI and Inbound Business Tourism (IBT) in China, as well as the relationship between them using the spatial autocorrelation model and spatial panel econometric model. The research shows that FDI and IBT are consistent in spatial distribution which is in the core-edge mode. Both of FDI and IBT show a positive spatial correlation. LISA charts shows that the two are in the two element distribution structure，forming a “club” gathering model and presents the phenomenon of “inside” convergence. The spatial econometric model estimation shows that the development of IBT in adjacent areas has a strong spillover effect and FDI has positive effect on IBT. IBT grows by 0.3855% with every 1% growth in FDI. The comparative analysis of the three regions shows that the effects of FDI on IBT and geographical spillover effects of IBT are as follows: East＞ Middle＞ West.