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ABOUT CWTC
INTRODUCTION
China World Trade Center occupies 17 hectares in the heart of the Central Business District International Business Service Area of China (Beijing) Pilot Free Trade Zone. China World, or Guomao, is not only an iconic complex for China’s capital city but also one of the largest upmarket commercial mixed-use developments in the world. Today the China World Trade Center boasts 1,120,000 square meters of offices, malls, hotels and apartments.
Its official story began on November 17, 1984 when the joint venture contract and articles of association were signed in the Great Hall of the People, Beijing. China World Trade Center Ltd. (CWTC Ltd.) was formally established in February 1985 with approval from the State Council. CWTC Phase 1, a 420,000-square-meter floor area project with a total investment of US$520 million, opened on August 30, 1990.Ever since that day, the China World has drawn a procession of prestigious multinational corporations and global high-end retail stores. There have been national and international conferences and events. Heads of state, government officials, business magnates and celebrities have all come to the center, long regarded as a window to China’s miraculous reform and opening-up process.
In 1999 China World Trade Center Co. Ltd., solely established by CWTC Ltd., was listed on the Shanghai Stock Exchange with the stock name “China World” and stock code 600007. In the same year CWTC Phase 2 was completed with a total floor area of 560,000 square meters and boasting improved service facilities and management expertise.
With the completion of Phase 3A in August 2010 and Phase 3B in April 2017, CWTC entered a new stage of development: The 330-meter China World Tower A includes grade-A offices and the five-star China World Summit Wing hotel. The 296-meter China World Tower B consists of Hotel Jen and offices with enhanced catering, shopping, culture, leisure and
recreation services. Over the course of nearly 40 years of construction and development, China World Trade Center has reached a scale of 1,120,000 square meters. It has constantly excelled and surpassed itself, building a “city within a city” while attracting global attention as a model international business hub.
That success has driven the rapid economic growth of surrounding areas and delivered a vibrant Central Business District to the capital city. Aside from this economic contribution, the China World leadership team has sought to fulfill its social responsibility by donating to projects including rural revitalization, education, cultural and sports programs. The China World Trade Center paid 13.9 billion yuan in taxes by the end of 2022 based on 68.9 billion yuan in operating revenue.
China World Trade Center will continually upgrade its facilities and services for domestic and foreign guests while contributing to China's overall development. Moreover, as an important window on China's open-door policy and international business exchanges, CWTC will always adhere to its core value: Inspiring Excellence.
This is not all about CWTC.
More highlights are waiting for you to explore.
Composition
China World is a downtown fairyland at the heart of Beijing’s CBD. With three hotels, Grade A offices and a fashion-leading shopping mall, it is a perfect place for you to shop, dine, entertain, stay and work. With the completion of Phase 3B, China World will serve guests from all over the world with a brand new image in the spirit “Inspiring Excellence”.
CWTC Plane Layout
CWTC in Numbers
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Site Area
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17 hectares
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Total GFA
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1,100,000 m2
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Height of China World Tower A
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330 m2
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Height of China World Tower B
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296 m2
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Composition
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3 hotels, 2 apartment towers, 5 office blocks, shopping mall, conference & exhibition halls, 3 underground car parks
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Number of Office Tenants
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400
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China World Mall GFA
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230,000 m2
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Number of Shops
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520
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China World Apartments
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407 units
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China World Century Towers
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380units
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Number of Parking Lots
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3,000+
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Number of Hotel Rooms
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China World Summit Wing
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278 rooms
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China World Hotel
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584 rooms+69 residences
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Hotel Jen
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450 rooms
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Total
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1381 rooms
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Number of Function Rooms/Banquet Halls
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China World Summit Wing
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The Summit Ballroom (2,340 m2), The China Ballroom (772 m2) plus 12 spacious function rooms
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China World Hotel
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14 function rooms, 2000-pax capacity Conference Hall, 500-pax capacity Grand Ballroom
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Hotel Jen
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The meeting space (1,200 m2) Fitness Centre (3,500 m2) 15 function rooms
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Number of Restaurants/F&B Outlets
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China World Summit Wing
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8
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China World Hotel
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6
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Hotel Jen
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5
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Shopping Mall
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98
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In 2017, CWTC Phase 3B Project’s hotel, office and retail components consecutively open for business.
2017
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On 9th May 2012, CWTC Phase 3B Project was officially started.
2012/05/09
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On 30th August 2010, CWTC Phase 3A Project was completed with government approval and officially opened for business.
2010/08/30
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On 16th June 2005, foundation stone was laid for CWTC Phase 3A Project.
2005/06/16
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On 14th August 2002, CWTC Phase 3 Project was officially started.
2002/08/14
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On 30th December 1999, CWTC Phase 2 Project was completed with government approval and officially opened for business.
1999/12/30
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On 12th March 1999, CWTC launched A shares on the Shanghai Stock Exchange.
1999/03/12
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On 25th December 1996, construction of CWTC Phase 2 Project started.
1996/12/25
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In March 1996, CWTC paid back long-term loans issued by foreign banks 3 years and 3 months in advance, with principal (280 million US dollars) and interest repayments totaling USD390 million.
1996/03
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On 1st September 1985, the foundation stone laying ceremony for CWTC was held on the site of the former Beijing Dabeiyao Metal Works.
1985/09/01
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On 12th February 1985, company registration of CWTC was approved by the State Administration for Industry & Commerce of P. R. China pursuance to document Gong Shang Qi He No. 01044.
1985/02/12
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On 30th August 1990, CWTC Phase 1 fully opened for business .
1990/08/30
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On 7th January 1985, company establishment of China World Trade Center was approved by then Ministry of Foreign Economic Relations and Trade pursuant to document (84) Wai Jing Mao Zi No. 207.
1985/01/07
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On 17th November 1984, China Foreign Economic and Trae Consultants Corporation (original Party A) and Kerry Industrial Company Limited (Party B) signed in Beijing the Joint Venture Contact and Articles of Association for the Establishment and Operation of China World Trade Center.
1984/11/17
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On 26th July 1984, China Foreign Economic and Trae Consultants Corporation (original Party A) of then Ministry of Foreign Economic Relations and Trade and Malaysia-based Kuok Brothers Group (original Party B) signed in Beijing the Joint Venture Agreement for the Operation of CWTC.
1984/07/26
China World Trade Center
Address: No. 1 Jian Guo Men Wai Avenue, Chaoyang District, Beijing
Postal Code: 100004