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  • Development Milestones

    In February, China Foreign Group and Base Rich Investments Limited and Shanghai Wenyuzhai Book Co., Ltd. signed a joint Agreement on the Equity Transfer of the Japan Exempted Bank (Shanghai) Co., Ltd., After the transaction is completed, the Japan Exemption Bank (Shanghai) Co., Ltd. becomes Zhongnex Group Holding Subsidiary

    n April, the joint venture between Zhongzheng Group and King Power Group (Hong Kong) subsidiary King Power Macau (KPM) successfully obtained a five-year tax exemption from Macau International Airport.Business license

    In June, China Mobile Group successfully obtained the duty-free operation rights of the Costa Cruises.Opened a new chapter in the cruise-free business

    In July, Zhongshang Duty Free (Shanghai) Co., Ltd., controlled by China International Group, successfully obtained the duty-free operation rights of Shanghai Hongqiao International Airport and Pudong International Airport for the next 7 years.

    On January 26, CDFG won arrivals duty free concession at Kunming Airport and replicated its success afterwards at Guangzhou Airport, Qingdao Airport, Nanjing Airport, Chengdu Airport and Urumqi Airport.

    CDFG signed Agreement on Equity Transfer of Sunrise Duty Free (China) Co., Ltd. with Sunrise Duty Free (Shanghai) Co., Ltd. and Sunrise Duty Free Group Limited in March. After the closing of the deal in July the same year, Sunrise Duty Free (China) Co., Ltd. was incorporated into CDFG as holding subsidiary.

    On April 5, CDFL (the Joint Vender between CDFG and Lagardere Travel Retail) won the Hong Kong International Airport duty free liquor & tobacco concession.

    On June30, CDFG and its holding company Sunrise Duty Free (China) Co., Ltd. respectively won the T2 and T3 duty free concessions in the international area of Beijing Capital International Airport for the next eight years as the first bid winners.

    8CDFG’s third downtown store in Cambodia - Phnom Penh Duty Free Store, was opened in August, which further improved CDFG deployment in Cambodia.

    CDF membership project, the first duty free membership system in China, launched on September 15.

    On December 30, Sihanoukville Duty Free Store in Cambodia was officially opened, which was the second overseas downtown store of CDFG.

    On September 1, Sanya International Duty Free Shopping Complex, the world’s largest mono duty-free mall, was opened.

    On December 30, Angkor Duty Free Store, CDFG’S first downtown duty-free store outside China, was opened.CDFG was selected into the Top 500 Service Enterprises of China for 6 consecutive years.

    On February 1, the ninth type of duty free business in China made the debut with the maiden voyage of Star Cruises’SuperStar Gemini in Sanya.

    In December, an independent B2C website was launched to carry out cross-border electronic business and the CDFG zone at kjt.com (a cross-border business platform) went online officially.

    The construction of Sanya International Duty Free Shopping Complex, the world’s largest duty-free shopping mall, was officially kicked off.

    The construction of Sanya International Duty Free Shopping Complex, the world’s largest duty-free shopping mall, was officially kicked off.

    CDFG was identified as an excellent central enterprise by SASAC and Ministry of Human Resources and Social Security.

    CDFG was recognized as a model enterprise for best practice in human resources in 2009.

    China International Travel Service Co., Ltd. which includes all of CDFG's business and assets was listed on the Shanghai Stock Exchange.

    China Duty Free Group Corporation was renamed as China Duty Free Group Co., Ltd., indicating initial success of reform.

    CDFG established overseas sales terminals for the first time, marking a breakthrough in the overseas market.

    Four logistics centers under the supervision of Customs in Shenzhen, Shanghai, Qingdao, and Dalian formed a nationwide distribution system of duty free goods.

    CDFG and China International Travel Service Limited, Head Office jointly established CITS Group Corporation with approval from the State Council and the State-owned Assets Supervision and Administration Commission (SASAC).

    CDFG became one of the first franchised retailers of 2008 Olympic Games with authorization from Beijing Organizing Committee of Olympic Games (BOCOG).

    China Travel Retail Summit, the first ever large-scale international conference of China’s travel retail industry, was hosted by CDFG and held in the Great Hall of the People.

    WAN Guoquan, Vice Chairman of the National People's Congress, inspected Shanghai Downtown Duty Free Store.

    Shanghai Downtown Duty Free Store was opened

    CDFG was founded with a consortium of 103 enterprise legal persons.

    China Duty Free Company was renamed as China Duty Free Group Corporation.

    QIAN Qichen, Vice Premier of the State Council, visited CDFG's Dongning Border Duty Free Store in Heilongjiang.

    China’s duty free stores introduced local products, making the best platform to showcase domestic brands to tourists from all over the world.

    The first border duty free store in Asia, Heihe Border Duty Free Store, was established to expand retail channels.

    China's first duty-free shop in the city – the duty-free shops in Beijing are open for business. Vice Premier

    Wu Xueqian, Director of the General Administration of Customs Dai Jie, Director of the National Tourism

    Administration He Guangkai visited the duty-free shops in Beijing

    The Hong Kong Branch was set up to strengthen overseas procurement and distribution of duty free goods.

    China Duty Free Company was formally established with the approval from the State Council.

    The predecessor of CDFG, the Duty Free Department of China Travel Service Company, was approved and authorized by the State Council to operate duty free business nationwide.The first duty free store in China was opened.

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  • ©2018 China Duty Free Group Co.,Ltd. All Rights Reserved
  • Beijing ICP 13010750 -3
  • ©2018 China Duty Free Group Co.,Ltd. All Rights Reserved