2005 Korea Trade Mission for Small and Medium Businesses, Hosts Annual Meeting at World Trade Center Club Facilities

TIANHE, GUANGZHOU, China, Dec. 19, /Xinhua-PRNewswire-FirstCall/ — China World Trade Corporation (BULLETIN BOARD: CWTD) announced today, The 2005 GyeongGi-Do China Trade Meeting, organized by GyongGi-Do Small & Medium Business Center (GSBC) and World Trade Center Club Guangzhou and Beijing. The event took place December 4-10 and was hosted at the Guangzhou, Shanghai, and Beijing World Trade Center Clubs.

The trade mission included approximately two dozen Korean manufacturing companies in computer hardware, mobile communications, machinery, chemical, automobile parts, and electronics industries. In addition to the meeting, CWTC entered into a cooperative agreement with GSBC to provide business consulting services and facilities for future events.

John Hui, Vice Chairman and Chief Executive Officer, comments, ”As more manufacturing companies are beginning to establish their distributions within China, we realize the importance of our role in assisting international businesses create a local presence. The China World Trade Corp. business consulting services division has been able to offer a networking commerce to help companies succeed. With the signing of our long-term cooperation agreement between GSBC and World Trade Center Beijing, we look forward to expanding this division and promoting global exchange between China and internationally.”

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.

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