What Is an International Trade Center?
China World Trade Center (hereinafter referred to as "International Trade Center") is located in the core area of Beijing's business center. It is one of the largest comprehensive high-end business service companies in China. With a total construction area of 560,000 square meters, it integrates office, accommodation, conferences, exhibitions, shopping, and entertainment into one. It is the first choice for many multinational companies and trading companies in Beijing.
China World Trade Center
- China
- The International Trade Center was established in August 1985 and was fully opened on August 30, 1990. It was jointly invested and constructed by Xinguang Property Management Center, a subsidiary of the Ministry of Foreign Trade and Economic Cooperation, and Hong Kong Kerry Industrial Co., Ltd., a subsidiary of the Malaysian Brothers Group.
- China World Trade Center is the top upmarket commercial mixed-use development in China.
- ITC consists of five major parts:
- July 26, 1984
- The foreign economic and trade consulting company and
- Malaysian Brothers Kuo Brothers Signs Joint Venture China World Trade Center
- Agreement.
- January 7, 1985
- The Ministry of Economy and Trade (84) Foreign Trade and Economic Cooperation Document No. 207 approved China International Trade Center has
- Limited company was established.
- September 1, 1985
- The foundation stone laying ceremony of China International Trade Center was held at the current site.
- August 30, 1990
- The International Trade Center was fully opened.
- June 1996
- ITC repays US $ 280 million in foreign banks 3 years and 3 months in advance
- Term loans, total debt and interest payments of $ 390 million.
- December 25, 1996
- The second phase of the World Trade Center broke ground.
- March 12, 1999
- China International Trade Center A shares are listed on the Shanghai Stock Exchange.
- December 30, 1999
- The second phase of the World Trade Center was completed and passed the national inspection and acceptance.
- Open.
- August 14, 2002
- The third phase of the World Trade Center project was officially launched.
- The company is a joint stock limited company initiated and established by the International Trade Center on October 15, 1997. The promoters converted their main operating net assets into corporate shares of 3.171141 million at the appraisal price. On September 1, 1998, the company's temporary shareholders The conference decided to restructure the company's assets, transfer some of the company's assets and liabilities back to the ITC, and write off the 2,531,110,000 shares held by the ITC through the statutory capital reduction procedure. After the cancellation, the company's total share capital was changed to 640 million shares. On September 24, the company completed the change registration procedure. After issuing 16 million public shares on January 27, 1999, the company's total share capital reached 80 million shares. Its public shares of 160 million shares were listed and traded on the Shanghai Stock Exchange on March 12, 1999. (Among them, 6.5 million shares placed to the investment fund were listed and traded two months after the listing of the public shares).
- Rental, service of office buildings, hotels, apartments, shopping malls, exhibition halls, conference halls, parking lots; provision of accommodation, catering, kindergarten, cultural and sports services; real estate development and management; property management; contracting conferences, exhibitions, exhibitions; foreign trade information consulting ; Self-operated and agent import and export of various goods and technologies, bars, tobacco monopoly retail, sales of pre-packaged food, beauty salons, baths (sauna massage, spa), gyms, swimming pools, retail merchandise departments, books, periodicals, newspapers Retail and business centers (except for goods and technologies that are restricted or restricted by the company from being imported or exported by the state).
- China World Trade (600007)-Equity Structure
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- Guomao Property Hotel Management Co., Ltd. is a wholly-owned subsidiary of China World Trade Center.
- Brief introduction of China World Trade Center Phase III: China World Trade Center Phase III project is located in East Third Ring Road