TIANHE, China, April 3 /Xinhua-PRNewswire/ -- China World Trade Corporation (OTC Bulletin Board: CWTD) ("CWTC") announced today its commitment to sponsor the World Jewels Automobile Organization China Tour this fall through its subsidiary World Trade Center Club Beijing ("WTCBJ").
100 owners of Rolls-Royces, Bentleys and other classical cars from the UK were invited by the Chinese government to drive their own automobiles and travel to 10 Chinese cities, including Beijing, for sight-seeing as well as participation in car exhibitions, auctions and other cultural activities within a 20 day period. Delegates will include more than 200 distinguished guests including members of royal families, celebrities, movie stars, and top models from around the world.
Scheduled from September 19 through October 9, 2007, the 2,000km China Tour will be organized by The Chinese People's Association for Friendship with Foreign Countries ("CPAFFC"), the China Council for the Promotion of International Trade ("CCPIT") and the China National Tourism Administration. During the 4-day stay in Beijing, delegates will participate in a launching ceremony, a donation ceremony and an exhibition of classical cars.
As a sponsor, WTCBJ will provide free office and conference spaces as headquarters for attendee taskforces and organizers, starting from the first quarter 2007. A dedicated WTCBJ project team will assist the organizers with managing the roll-out schedule; coordinating the logistics, including business service support, meeting arrangement, air ticket booking, hotel reservation, car and coach rentals; and determining appropriate itineraries and options for the various activities that will be staged in Beijing
"It is our honor to sponsor such a big event. WTCBJ's team will work closely with the organizers to ensure this important event is a successful one, down to coordinating and arranging the details for the ceremonies and activities," said Mr. William Tsang, President of China World Trade Corporation. "Understanding that Beijing is a prime location for international business players, World Trade Center Beijing has always been an expert in facilitating jump starts in projects and start-ups of any scale with any cultural background. We are honored that the organizer of this China Tour has recognized our value and efforts, which demonstrated the combined strength of our business service offerings."
China shares 5% of Rolls-Royce's global sales and Chinese sales are increasing 20% per year. China is recognized as the fifth largest market of Rolls-Royces around the world, just next to Japan. There are around 150 Rolls-Royces owned by Chinese nationals.
About China World Trade Corporation
China World Trade Corporation (CWTC) has established its business in three distinct areas: in the club and business centers throughout major cities in China, in business travel-related services, and in business value-added services. The Club and Business Center Division is devoted to the building of the World Trade brand throughout China via the opening and operating of business clubs in China's major cultural locales, positioning the CWTC to act as a platform of trade facilitation between China and the world markets. The acquisition of CEO Clubs China Limited ("CEO Clubs") in May 2004 further complements CWTC's offerings by targeting high-level corporate executives from premier companies. The Business Traveling Services Division provides CWTC access to the rapidly growing travel industry through ticketing sales and scenic site management. The Business Value-Added Services Division focuses on value-added consultancy services to CWTC members and clients.
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For more information, please contact:
Investor Relations Officer
Tel: +86-20-3878-0001
Email: ir@chinawtc.com
