What is the nature of China Tourism Group?

China Tourism Group Co., Ltd. and Hong Kong China Travel Agency (Group) Co., Ltd. are important state-owned backbone enterprises directly managed by the central government and one of the three central enterprises headquartered in Hong Kong.

The predecessor of this group is the Hongkong Branch of China Travel Agency founded by patriotic banker Chen Guangfu in 1928.

After more than 90 years of development, the Group has formed an industrial layout consisting of seven business units: China Travel Agency, China Travel Agency Investment, China Travel Agency Tax Exemption, China Travel Agency Hotel, China Travel Agency Finance, China Travel Agency Assets and China Travel Agency Cruises. The network covers nearly 30 countries and regions in Chinese mainland, Hong Kong, Macao and Taiwan and overseas.

The Group has gathered many well-known tourism brands such as Hong Kong China Travel Service, China Travel Service, China Travel Service and China Free Travel. It is the only central enterprise with tourism as its core business, and also a leading tourism enterprise with the longest development history, the most complete industrial chain, large scale of operation and high brand value in China.

By the end of the year, the Group had nearly 43,000 employees, total assets exceeding 654.38+50 million yuan, and 662 wholly-owned or holding enterprises.