CITS Group Corporation

CITS Group Corporation
中国国旅集团有限公司
	Headquarters in Beijing at Grand Metropark Hotel Beijing Guanganmen
Native name	pinyin: Zhōngguó Guólǚ Jítuán Yǒuxiàn Gōngsī
Company type	State-owned enterprise
Traded as	CSI A50 (China Tourism Group Duty Free Corporation Limited)
Industry	Tourism; Leisure;
Founded	April 15, 1954 (as the China International Travel Service); December 19, 2003 (as CITS Group Corporation)
Headquarters	Peking, People's Republic of China
Area served	Worldwide
Key people	Gai Zhixin (Chairman and GM);
Services	Travel services; Duty-free trade; Real estate development and management; Communications and transport; E-commerce;
Owner	Chinese Central Government
Website	www.citsgroup.com.cn(in Chinese)

The CITS Group Corporation (Chinese: 中国国旅集团有限公司; pinyin: Zhōngguó Guólǚ Jítuán Yǒuxiàn Gōngsī) is a state-owned leisure and tourism corporation based in Beijing, China.^[1]^[2] With registered capital of CN¥390 million, the group is one of the largest Chinese tourism enterprises.^[3] It is primarily engaged in travel services, duty-free trade and real estate development and management. Among its major subsidiaries include CITS Head Office, China Duty Free Group, CITS Real Estates, etc. The group is also the holding company of CITS Corporation Ltd, a domestically listed joint-stock corporation (SSE: 601888).^[4]