China World Trade Corporation Establishes Park & Flight Services With New Guangzhou Baiyun Airport

Company’s Business Traveling Services Division Further Expands Travel-Related Value-added Services

TIANHE, GUANGZHOU, China, March 2 /PRNewswire-FirstCall/ — China World Trade Corporation (BULLETIN BOARD: CWTD) announced today that New Generation Group, a subsidiary of China World Trade Corporation, established a cooperative joint venture with a subsidiary company of the New Guangzhou Baiyun Airport to provide park and flight services. Under the agreement, the joint venture company will target middle class professionals and corporate travelers who also own private vehicles. Clients and members who use this service will be able to leave their vehicles to a company staff member for parking and directly check-in for their flights or relax in the soon-to-be- launched private club, bypassing the hassle of looking for a parking space. This additional premium service offering is yet another level that China World Trade Corporation will now be able to add to its growing portfolio of premium offerings with the main objective of minimizing inconveniences associated for frequent travelers in China’s growing travel and tourism industry.

Mr. Chi Hung Tsang, Chairman and President of China World Trade Corporation remarked, “The number of private ownership of automobile has increased rapidly as a direct result of the rising number of middle class professionals and private enterprises. We are extremely excited about our partnership with the New Guangzhou Baiyun Airport, which shall provide the opportunity for us to indirectly tap in and benefit from the fast growing automobile industry as well as adding another level of premium services to our clients and members. In addition, we anticipate that this value-added service will also help us attract additional members in the foreseeable future.”

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 cities together with the World Trade Center Association, 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, New Generation, provides CWTC access to the rapidly growing travel-related industry. New Generation is a pioneer and market leader in the travel agency business through its strong network of ticketing sales operations throughout Southern China. The Business Value-Added Services Division focuses on value-added services of credit cards, merchant-related business services, as well as consultancy services to CWTC members and clients. Guangdong World Trade Link Information Services Limited (“WTC Link”), a subsidiary of CWTC, manages the Company’s co-branded credit card project and is an active provider of CRM solutions and services in China.

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