China World Trade Center

What China World Trade Center does

China World Trade Center (CWTC) operates a 1.12 million sqm mixed-use commercial complex across a 17-hectare site in Beijing's Central Business District, at No. 1 Jianguomenwai Avenue within the China (Beijing) Pilot Free Trade Zone. The portfolio comprises five Grade-A office towers (273 tenant companies, 330m Tower A and 296m Tower B), the 230,000 sqm China World Mall (400+ retail brands), three hotels operated by Shangri-La Group (China World Hotel 584 rooms, China World Summit Wing 278 rooms, Hotel Jen Beijing 450 rooms), 798 serviced apartments (China World Apartments 412 units, Century Towers 386 units), exhibition and banquet facilities, plus on-site property management and IT services subsidiaries (CWTC Property & Hotel Management, TNETSTAR/时代网星). All major buildings have earned LEED Operations Platinum and WELL at Scale Platinum certifications.

The asset was originally established in 1985 as a Sino-foreign joint venture between Chinese government entities and the Kerry Group/Kuok family of Malaysia, with operational phases completed in 1990 (Phase 1), 2002 (Phase 2), 2012 (Phase 3A), and 2017 (Phase 3B). The publicly listed entity (中国国际贸易中心股份有限公司, SSE: 600007) was carved out and listed on the Shanghai Stock Exchange on December 30, 1999, and paid off its $280M foreign-bank loan three years early in 1996. The listed entity has no controlling parent company and shares ownership between domestic and foreign investors on the public market.

CWTC generates revenue through five diversified streams: subscription-style office and apartment leasing, transaction-based retail rent and percentage-overage commissions, hotel revenue through the Shangri-La global distribution system, and professional fees for exhibition, conference, and banquet services. Pricing is quote-based and not publicly disclosed. The customer base is anchored by multinational corporations (including Kirkland & Ellis, China Electronics, Argentine Bank, Industrial Bank, Bank of China, JLL, CICC), embassy and diplomatic missions, and luxury retail tenants such as Louis Vuitton (Maison), FERRAGAMO (first new-concept boutique in China), MIKIMOTO, and CASA CURIEL, plus F&B operators like Din Tai Fung.

Name

China World Trade Center

Legal name

中国国际贸易中心股份有限公司

Website

https://cwtc.com

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

China World Trade Center operates a 1.12 million sqm mixed-use commercial complex in Beijing's CBD, comprising five Grade-A office towers, a 230,000 sqm luxury mall, three hotels managed by Shangri-La, and 798 serviced apartments, serving multinational corporations, embassies, luxury retailers, and high-end business travelers under the listed entity SSE: 600007.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Traveler Accommodation (7211)

akta.pro primary industry

Integrated Convention & Expo Complex Hotels (THAGALAE)

akta.pro secondary industries

Integrated Full-Service Hotel Complexes (Mixed-Use) (THAGAAAL), Urban & Downtown Full-Service Hotels (THAGAAAA), City/Urban Convention Hotels (THAGALAA)

Keywords

• Commercial real estate
• Office leasing
• Luxury retail
• Hospitality services
• Mixed-use development

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Office Space Leasing: Rental income from 5 office towers with 273 tenant companies, serving multinational corporations and embassies.
2. Retail Mall Operations: Rental and commission income from China World Mall with 400+ shops across 230,000 sqm retail space.
3. Hotel Operations: Revenue from 3 hotels (China World Hotel 584 rooms, China World Summit Wing 278 rooms, Hotel Jen 450 rooms) operated by Shangri-La Group.
4. Serviced Apartments: Rental income from China World Apartments (412 suites) and China World Century Towers (386 suites).
5. Exhibition and Banquet Services: Conference facilities, exhibition halls, and banquet services for corporate events and international meetings.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

China World Trade Center operates a large-scale mixed-use commercial complex in Beijing's Central Business District, comprising five Grade-A office towers, a luxury shopping mall, three internationally branded hotels, and two serviced apartment complexes. The company leases office space to multinational corporations, embassies, and financial institutions, and operates retail, hospitality, and residential rental properties on approximately 1.12 million square meters of building area across 17 hectares.

Product overview

China World Trade Center is a large-scale mixed-use commercial complex spanning 1.12 million sqm across Beijing's CBD. Its portfolio comprises Grade A office towers (国贸写字楼, housing 273 tenant companies), a 230,000 sqm international shopping mall (国贸商城 with 400+ retail brands), three hotels — China World Hotel (中国大饭店, 584 rooms + 69 suites), China World Summit Wing (国贸大酒店, 278 rooms in a 330m tower), and Hotel Jen Beijing (新国贸饭店, 450 rooms) — two serviced apartment complexes (国贸公寓 with 412 units and 国贸世纪公寓 with 386 units), professional exhibition services (国贸会展), property management (国贸物业酒店管理有限公司), and IT services (时代网星/TNetstar). All major buildings hold WELL and LEED certifications.

Differentiator

Problem solved

Functional benefit

Products and services

• China World Trade Center Towers (Office Leasing) A complex of five Grade-A office towers in Beijing CBD offering premium office space leased to multinational corporations, embassies, financial institutions, and other enterprises; total complex building area approximately 1.12 million sqm.
• China World Shopping Mall A luxury shopping mall housing 400+ retail brands serving high-end consumers and the office workforce at the CBD complex.
• China World Hotel A 584-room luxury international hotel operated under the Shangri-La group, serving business and leisure travelers in Beijing's CBD.
• China World Summit Wing A 278-room luxury hotel in the upper floors of the China World Trade Center complex catering to high-end business and leisure travelers.
• Hotel Jen Beijing A 450-room hotel located within the China World Trade Center complex serving business and leisure travelers.
• China World Apartments A 412-unit serviced apartment complex within the China World Trade Center catering to long-stay executives, diplomats, and expatriate residents in Beijing's CBD.
• Century Towers Apartments A 386-unit serviced apartment complex serving long-stay executives and expatriate residents in Beijing's CBD.

Quantifiable outcome

• LEED Operations Platinum certification achieved for Guomao Tower B and China World Offices
• +2 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Xiong'an New Area (雄安新区)minorStrategic or Co-development Partner · 24 June 2026Explored potential business cooperation opportunities between Shangri-La Group, China World Trade Center and Xiong'an New Area for future development.
• Hebei Longhua Maojinba Forest Farm (河北隆化茅荆坝林场)minorStrategic or Co-development Partner · 1 January 2019Established 'Guomao Greening Base' (国贸绿化基地) for annual tree planting activities since 2019, supporting environmental sustainability goals.
• China Development Research Foundation (中国发展研究基金会)coreStrategic or Co-development Partner · 1 January 2018Partnership for 'One Village One Kindergarten' (一村一幼) education improvement project in Sichuan. Total investment of 4.4 million RMB since 2018, benefiting over 3,600 preschool children and 2,500 rural families.
• China Poverty Alleviation Foundation (中国扶贫基金会)coreStrategic or Co-development Partner · 1 January 2017Ongoing partnership for poverty alleviation initiatives. Donated 400,000 RMB for 'Caring Packages' (爱心包裹) project providing warm clothing to primary school students in impoverished areas.
• Shangri-La Group (香格里拉集团)coreStrategic or Co-development Partner · 12 February 1985Shangri-La Group operates three hotels within China World Trade Center: China World Hotel (五星), China World Summit Wing (五星), and Hotel Jen. The partnership began with the establishment of China World Trade Center in 1985.
• Kerry Group / Kuok Groups (嘉里集团/郭氏兄弟公司)coreStrategic or Co-development Partner · 7 January 1985Joint venture partner in the original establishment of China World Trade Center. Malaysian Kuok family through Kerry Group co-founded the complex with Chinese government entities.
• World Trade Centers Association (世界贸易中心协会)minorStrategic or Co-development PartnerAffiliated member of World Trade Centers Association, facilitating international trade connections and business networking.

Scale indicators11 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Hong Kong IFC (Sun Hung Kai Properties): Integrated complex on Hong Kong's waterfront pairing Grade-A offices, IFC Mall, and the Four Seasons/Ritz-Carlton hotels. Comparable in business model — premier mixed-use commercial complex anchored by multinational office demand and luxury retail/hospitality.
• Shanghai IFC (Sun Hung Kai Properties): Integrated mixed-use development in Lujiazui comprising Two IFC office towers, the IFC Mall, and the Ritz-Carlton Shanghai Pudong. Closely mirrors CWTC's combination of premium office, luxury retail, and luxury hotel.
• Beijing Oriental Plaza: Wangfujing-area mixed-use complex in central Beijing combining luxury retail, offices, hotels and apartments under a single ownership group. Directly comparable to CWTC as a premier integrated commercial development targeting multinational tenants and high-end consumers in Beijing.
• Roppongi Hills Mori Tower (Mori Building): Tokyo mixed-use complex combining offices, retail, residences, hotel and cultural facilities under a single integrated operating platform. Closely parallels CWTC's integrated-mixed-use 'city within a city' model and ESG-driven operating approach.
• Shanghai World Financial Center (SWFC / Mori Building): Mixed-use supertall complex in Shanghai's Pudong Lujiazui district combining Grade-A offices, retail, hotel and observation facilities. Comparable as a Chinese Tier-1 integrated commercial destination targeting MNC tenants and luxury consumers.
• Pacific Place / Taikoo Place (Swire Properties): Swire's Hong Kong integrated office, retail, hotel and serviced-apartment portfolio (Pacific Place, Taikoo Place, EAST hotels). Comparable in its combination of premium office leasing, luxury mall operations, and upscale hotel/serviced-apartment residences.
• Plaza 66 / HKRI Taikoo Hui (Hang Lung Properties): Hang Lung's luxury mixed-use developments in Shanghai (Plaza 66, HKRI Taikoo Hui) combining Grade-A offices, luxury malls and hotels. Comparable as an Asia-focused developer/operator of premium integrated commercial real estate.

Regional players

• Kerry Centre Beijing (Shangri-La / Kerry Group): Beijing mixed-use complex combining Shangri-La hotel, Grade-A offices, serviced apartments and retail in the CBD. Shares CWTC's Kuok/Shangri-La ownership DNA and similar tenant mix, though smaller in scale than the CWTC flagship.

Emerging players

• Beijing CBD Core Area / GuocoLand (Beijing project): Mixed-use developments in Beijing CBD/Chao Yang district from regional developers. Adjacent in product positioning (office + retail + hotel) though typically at smaller scale than CWTC's 1.12M sqm flagship.

Broad incumbents

• Kerry Properties (Kuok Group): Hong Kong-listed property arm of the Kuok Group — historically the joint-venture partner that co-founded CWTC in 1985. Comparable as a Kuok-affiliated mixed-use developer/operator across Greater China with overlapping shareholder relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about China World Trade Center