China Tourism Group Duty Free's revenue 2020, by product

Published by Agne Blazyte, Apr 3, 2024
The graph shows the revenue of China Tourism Group Duty Free Co., Ltd. (formerly China International Travel Service (CITS) Co., Ltd.) from 2010 to 2020, by product. In 2020, CTG Duty-Free had generated a revenue of about 52.07 billion yuan with goods sold. In February 2019, CTG Duty-Free stopped the tourism business.

Revenue of China Tourism Group Duty Free Co., Ltd. from 2010 to 2020, by product (in billion yuan)

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Release date

April 2021

Region

China

Survey time period

2010 to 2020

Supplementary notes

* The tourism segment contains business sectors like travel agents, visa agency, MICE (Meetings, Incentives, Conventions and Exhibitions business) etc.

One yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of July 2021).

Figures have been rounded to provide better understanding of the statistic.

In February 2019, China International Travel Service (CITS) Corporation transferred its tourism business to China National Travel Service Group Corporation. The tourism segment would be no longer calculated into the revenue of CITS.

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