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The Beijing Tourism Group (BTG; Chinese: 北京首旅集团) is a Chinese state-owned enterprise operating in various areas of tourism, including travel agencies, dining, hotels, shopping and entertainment. [1] It is headquartered in Beijing Municipal Administrative Center in Tongzhou District, Beijing. [2]
In 2018, during Russian president Vladimir Putin's visit to Beijing, Russia-China Investment Fund and CCT announced agreement to establish a US$1 billion "industrial investment fund". [ 10 ] In March 2024, CCT issued a 1 billion yuan 30-year bond with a 3.35% coupon rate, with the proceeds being used to repay existing debt.
It is primarily engaged in travel services, duty-free trade and real estate development and management. Among its major subsidiaries include CITS Head Office, China Duty Free Group, CITS Real Estates, etc. The group is also the holding company of CITS Corporation Ltd, a domestically listed joint-stock corporation (SSE: 601888). [4]
China World Trade Center is a subsidiary group of the Kuok group founded in 1985 and owned by two cooperating companies: the China Shi Mao Investment and Kerry Industrial Company. The China World Trade Center is the largest building complex of Beijing consisting of around 14 components including hotels all of Shangri-La , shopping malls ...
The company is located in Beijing, Shanghai, Tianjin, Guangdong, Sichuan, Shaanxi and 18 other provinces. [citation needed] CETC has been the intended recipient of several prosecuted acts of industrial espionage in the U.S. [9] In 2012, CETC celebrated their tenth anniversary and had 80,000 employees at the time. [5]
On February 6, 2017, the mayor of Tianjin, Wang Dongfeng, said at the symposium of the central media's "Beijing-Tianjin-Hebei Cooperative Development Research Line" interview group that the Beijing–Tianjin intercity railway is expected to implement a monthly ticket system, and from May 1, 2017, in order to facilitate the travel of commuters ...
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