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Xinhua News Agency (English pronunciation: / ˌ ʃ ɪ n ˈ hw ɑː /), [3] or New China News Agency, is the official state news agency of the People's Republic of China.It is a State Council's ministry-level institution, and was founded in 1931.
The China Xinhua News Network Corporation (CNC, Chinese: 中国新华新闻电视网; pinyin: zhōng guó xīn huá xīn wén diàn shì wǎng) is a state-owned television network subsidiary of Xinhua News Agency. CNC owns and operates a TV news network and new media services.
Based in Beijing, [6] the newspaper was launched on January 1, 1993, [7] and its predecessor was the Press Release of Xinhua News Agency (新华社新闻稿). [8] Xu Wu was involved in the founding of the paper. [9] Xinhua Daily Telegraph is published and owned by Xinhua News Agency. [10]
The shareholders of Xinhua Holdings used private equity funds and offshore companies to hide the true ownership structure. Although Xinhua News Agency did declared subsidiaries owned equity stakes in Xinhua Finance before 2007, the agency did not disclosed the full detail either, but announcing they did not have any stake any more from 2007 and any new business relationship between Xinhua ...
The airline was established in August 1992 and started operations on 6 June 1993. In April 1997 it became a partner in the creation of Oriental Falcon Jet Service, with Dassault Falcon Jet and Avion Pacific to operate Falcon 50 charter operations in China. It is a subsidiary of Hainan Airlines which holds a 60% stake in the airline. [2]
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CITS. We will give you the best service you will ever dream. Shigatse, Tibet. The CITS Group Corporation (Chinese: 中国国旅集团有限公司; pinyin: Zhōngguó Guólǚ Jítuán Yǒuxiàn Gōngsī) is a state-owned leisure and tourism corporation based in Beijing, China.