China World Trade Corporation Holds the Third Annual U.S. CEO Clubs Tour in China

TIANHE, Guangzhou, China, May 31 /Xinhua-PRNewswire/ — China World Trade Corporation (BULLETIN BOARD: CWTD) announced today that it has launched its third Annual U.S. CEO Club tour in China from May 25 to June 5, 2005. This visit for American CEO Club members to China consists of a delegation of 36 U.S. CEO Club participants, who will be engaged in a wide range of business activities during the tour. The CEO delegation will be invited to attend the China Beijing International High-Tech Expo (CHITEC) during its stay in Beijing. The tour will provide an opportunity for the delegates to visit other major cities including Shenyang, Xi’an, Kunming, Shenzhen and Guangzhou and to have meetings with the local governments and enterprises for potential business and networking opportunities.

”China World Trade Corporation has devoted itself to providing the services ranging from mergers and acquisitions, consulting, and providing strategic introductions to the manufacturing distribution channels across China,” commented by Mr. Chi Hung Tsang, Chairman and President of China World Trade Corporation. ”Our platform will continue to serve as a bridge linking trade and commerce between our members in China and overseas by providing a broad range of services that cater to their business and commerce needs.”

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, 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.

About China Beijing International High-Tech Expo

China Beijing International High-tech Expo (CHITEC), approved by Chinese Government, is a large-scale international high-tech & trade Expo held annually in Beijing. The CHITEC was initiated in 1998 and renamed officially as China Beijing International High-tech Expo at its fifth session in 2002, and further in 2003, the Expo was given a new brief name in English — CHITEC. It is jointly hosted by several Ministries and the People’s Government of Beijing Municipality. The organizer is China Council for the Promotion of International Trade Beijing Sub-council (CCPIT Beijing).

CHITEC covered a series of activities focusing on five areas, namely: exhibitions, forums, trade talks on commercial & technical projects, technical exchanges and so on.

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.

Related Articles