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China World Trade Corporation Subsidiary Proven Record in Conference Management Business

China World Trade Corporation
2007-05-11 17:32 1794

GUANGZHOU, China, May 12 /Xinhua-PRNewswire/ -- China World Trade Corporation (OTC Bulletin Board: CWTD) ("CWTC") today announced its subsidiary, World Trade Center Club Beijing ("WTC Beijing") has achieved outstanding results in providing professional conference management services for the Meeting, Incentive, Convention & Exhibition ("MICE") market, following its successful completion of a number of international conferences in April 2006.

Conference and public relations campaigns facilitated by WTC Beijing in April include Ancient Chinese Jade Appreciation, attended by ambassadors and senior foreign businessmen, large conferences for international corporations like Daimler Chrysler (China) Ltd and German Association of Automotive Industry.

The globalization of the world economy is bringing about more conferences and exhibitions, hence event organizing is becoming one of the most promising industries in China, where it has become a significant inbound market for China's tourism industry. Leveraging the prime location in China's capital, WTC Beijing has always been a prestigious and popular location for organizing executive meetings, product launch incentive rewards and even as a venue for important international events. Creative ideas, excellent service and measurable results has made WTC Beijing a recognized leader in the industry, praised by its wide range of clients as a top-quality service on the best possible financial terms.

Combined with public relations and event management, the event management services of WTC Beijing take the form of a genuine all-around full service consultancy that provides communication and joint marketing, preparation of programs and financial planning for events. In the meantime, WTC Beijing takes care of all the aspects involved in guaranteeing perfect operational and organizational success that meet client objectives within an agreed budget.

Being a regular full member of World Trade Centers Association ("WTCA") headquartered in New York, USA, the support and dependability of more than 330 WTCA members and the unique image of WTC Beijing throughout the country are the definitive guarantees of the quality and reliability of the services it provides.

"Capturing opportunities in MICE market enables CWTD with an enhanced experience in managing risk, accelerating growth and lowering costs," Mr. William Tsang, President of CWTC commented, "You just need to ask our clients and they will tell you that our reputation was gained through our first-rate ideas and services. We always integrally optimize the creation and management of corporate events to be in the forefront by our management team."

About China World Trade Corporation

China World Trade Corporation (CWTC) has established its business in three distinct areas: the club and business centers throughout major cities in China, business travel-related services, and 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, positioning the CWTC to act as a platform to facilitate trade 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-related industry through ticketing sales and scenic site management. The Business Value-Added Services Division focuses on value-added services consultancy services to CWTC members and clients.

Safe Harbor

Information in this news release or on this website may contain statements about future expectations, plans, prospects or performance of China World Trade Corp that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be,'' "expects,'' "may affect,'' "believed,'' "estimate,'' "project,'' and similar words and phrases are intended to identify such forward-looking statements. China World Trade Corp cautions you that any forward-looking information provided by or on behalf of China World Trade Corp is not a guarantee of future performance. None of the information on this website constitutes an offer to sell securities or investment advice of any kind, and visitors should not base their investment decisions on information contained in this website. China World Trade Corp's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond China World Trade Corp's control. In addition to those discussed in China World Trade Corp's press releases, public filings, and statements by China World Trade Corp's management, including, but not limited to, China World Trade Corp's estimate of the sufficiency of its existing capital resources, China World Trade Corp's ability to raise additional capital to fund future operations, China World Trade Corp's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match China World Trade Corp's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. China World Trade Corp does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

For more information, please contact:

Investor Relations Officer

Tel: +86-20-2886-0608

Email: ir@chinawtc.com

Source: China World Trade Corporation
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