Traditional Culture Encyclopedia - Travel guide - Is China Travel Agency a state-owned enterprise?
Is China Travel Agency a state-owned enterprise?
Yes According to the information of the State Administration for Industry and Commerce, 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 central enterprises headquartered in Hong Kong. The history of the Group can be traced back to the Tourism Department established by Shanghai Commercial Savings Bank on August 1923, so China Travel Agency is a state-owned enterprise.
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