China World Trade Corporation Establishes Direct Sale Center With China Southern Airlines

Company’s Business Traveling Services Division Further Expands Travel-Related Service Offerings

TIANHE, Guangzhou, China, Feb. 23 /PRNewswire-FirstCall/ — China World Trade Corporation (BULLETIN BOARD: CWTD) announced today that New Generation Group, a subsidiary of China World Trade Corporation, together with the Guangzhou Branch of China Southern Airlines have jointly established a new Direct Sale Center next to the Guangzhou East Railway Station in Tianhe. The East Railway Station serves as a transportation hub connecting Hong Kong, Macau, Shenzhen and other cities within the province.

Mr. Chi Hung Tsang, Chairman and President of China World Trade Corporation remarked, “We are very excited about our partnership with China Southern Airlines. Both companies’ headquarters are located in Guangzhou, which makes resource sharing with China Southern Airlines a logical step for the growth of our services. We strongly believe this agreement will be mutually beneficial to our customers by adding the airlines travel-related service offerings to our clients and members.”

Under the joint agreement, New Generation Group will manage and operate the Direct Sale Center, providing direct air ticketing sales and seat reservation priorities on behalf of all China Southern Airlines flights departing from Guangzhou. In addition, the Direct Sale Center will also provide the one and only “city check-in” service in Guangzhou to customers with luggage check in. The Direct Sale Center will also provide customers with a full range of packaged ground services, including door-to-door ticket delivery, airport pickup and pre-boarding service.

Mr. Li Xiumo, General Manager of China Southern Airlines Guangzhou branch commented, “Although we have set up other direct sale centers in the province, this one with China World Trade Corporation is the most meaningful because it can generate business-related transactions with both domestic and international business travelers.”

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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