As a large-scale group corporation approved and granted with the right to operate and manage state-owned assets by Beijing government early in 1998, Beijing Tourism Group is an modern enterprise group engaging mainly in tourism businesses, including hotel, travel, auto operation, exhibition, catering, entertainment and real estate, and exploring development in capital market and other associated fields. At present, Beijing Tourism Group has total assets of RMB 10.8 billion.
As a listed company controlled by Beijing Tourism Group, Beijing Capital Tourism Co. scores remarkable achievements on tourism block. Based on development in fields of tourism and exhibition operation, the company makes a solid pace toward technologies and forms a development pattern with three pillars as "tourism-exhibition-high technologies".
Subordinate to Beijing Tourism Group, both China Comfort Travel Service and BTG Travel & Tours are large-scale solely-funded tourism service groups and occupy large shares in domestic and foreign tourist source markets. At present, the two travel service corporations have set up more than 60 branches throughout the country, establishing a fairly perfect marketing network system.
With China's accession to WTO, in particular, with "Olympics Economy" following Beijing's win in bidding for Olympic Games 2008, more overseas investors will be attracted to explore developments in Beijing. Beijing's service industry will be integrated into the global economy even more tightly, which brings about not only huge business opportunities and wider development prospects, but also more intense competitions and challenges. Beijing Tourism Group is sure to see a new development phase.
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