Is China International Travel Service managed by the Ministry of Finance or SASAC?

China International Travel Service is the abbreviation of China International Travel Service Head Office Co., Ltd., which was established in 1954 under the care of the Prime Minister. After historical changes, China International Travel Service is now a central enterprise managed by SASAC.

China International Travel Service started out as a foreign affairs reception unit, mainly focusing on political reception. Nowadays, it has become the only tourism enterprise among the top 500 Chinese enterprises, with a large scale and strong strength, and has become the world's top celebrity enterprise, and has been registered in many countries.

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As mentioned earlier, China International Travel Service is the abbreviation of China International Travel Service Co., Ltd., which was established in 1954. At first, China International Travel Service only received foreign affairs. With the continuous development, it gradually increased its tourism business. Starting from the national conditions, China International Travel Service has also changed from its initial financial situation to an independent and self-financing tourism enterprise. After years of development, China International Travel Service has successfully ranked among Forbes global rankings and become a powerful tourism enterprise.

Is China International Travel Service managed by the Ministry of Finance or SASAC?

In fact, China International Travel Service was originally established as a financial unit to receive foreign affairs. However, after constantly enriching supplementary business areas and increasing tourist routes, the state has implemented a policy of separating government from enterprises. Subsequently, China International Travel Service was approved as an independent and self-financing enterprise. 1998, China International Travel Service and National Tourism Administration formally separated and became the central enterprise managed by SASAC.

China International Travel Service ranks first in tourism.

In China's tourism industry, China International Travel Service ranks first. Whether per capita income or per capita profit, China International Travel Service ranks among the best. It is worth mentioning that China International Travel Service has made China International Travel Service the most competitive, diversified and famous tourism brand in the world in the spirit of sincere service.