China National Tobacco Corporation. China National Tobacco Corporation (commonly known as China Tobacco, abbreviated as CNTC) (Chinese: 中国烟草总公司 Zhōngguó yāncǎo zǒng gōngsī) is a Chinese state-owned manufacturer of tobacco products. China Tobacco: State Owned Enterprise in China, Asia. It should be obvious enough that both items will be categorized as tobacco products in … Associations Companies Mentioned. China National Tobacco … In recent years several varieties of cigarettes targeted at women have been released (breaking a longstanding taboo). Tobacco consumption is calculated from monthly sales data from the China National Tobacco Corporation and demographic data from the China National Bureau of Statistics. China National Tobacco plans to list its international unit on the Hong Kong stock exchange ... FORTUNE may receive compensation for some links to products and services on this website. The Chinese tobacco market is dominated by the government monopoly China National Tobacco Corporation (CNTC). Varieties common internationally are just as common in China: Unfiltered, Filters, Lights, Ultra Lights, 100's, and 120's are all available in a variety of brands. Blue 21 e.V. E-liquids 10. According to the company’s website, “China Tobacco International Europe Company, hereinafter referred as CTIEC is the only manufacturing plant of China National Tobacco cigarettes in Europe and so far the largest investment project in Romania owned by the Chinese government. China National Tobacco Corporation (China Tobacco) is a State Owned Enterprise located in Beijing China, Asia. The Chinese tobacco market is dominated by the government monopoly China National Tobacco Corporation (CNTC). With nearly one-third of the world’s smokers (300 million), and 40% of global tobacco production (2.5 trillion cigarettes), China has the largest tobacco industry in the world (Li, 2012).The state monopoly China National Tobacco Corporation (CNTC) is the fourth largest Chinese company in terms of profit (Li, 2012), employing 510,000 people across 33 provinces (China Tobacco, … Advertising in print, radio, and television has been banned in China, and even outdoor ads require prior approval provided they are not in one of nearly 100 local jurisdictions where outdoor tobacco ads are banned. Pricing 11. The Company produces cigarettes, flue cured tobacco, and other products. To accomplish their goal of modernization, the STMA allowed a small number of foreign companies into the country, in exchange for modern equipment. China National Tobacco Corporation Earnings: This Bloomberg article provides rare information on the financial status of China National Tobacco Company. Counterfeits 9. The smaller local factories pay a sort of tax to China Tobacco, but keep much of their profit. At the same time, China Tobacco has consolidated its factory base; currently, there are 130 cigarette factories in China, compared with a 1997 number of 180. The China National Tobacco Corporation is the largest producer in the world, and controls virtually all the transportation, storage and marketing of the nation's cigarettes, which are then sold by dozens of different regional companies. Marlboro, 234 [id], Camel, Kool, Lucky Strike, 555, and a variety of other brands can all be found in large cities in China. The logo of China National Tobacco Corporation is seen on a signboard in Qingdao, Shandong province, in May 2015. However, while these cigarette brands are marketed as premium brands outside of China, within China these cigarettes are made locally under license. Imperial Tobacco Annual Report. The China National Tobacco Company (CNTC) is a state-owned enterprise, with a monopoly of the cigarette market, accounting for 98% of domestic sales.5–7 In 2015, CNTC’s gross profit was ¥303 billion (Chinese yuan renminbi, RMB) (about US$48 billion),8 making it the most profitable company in the country. In 2014, the State Council released national tobacco control regulations in public areas, and strict legislations on tobacco control were proposed by the Beijing Municipal Government. Tobacco Company Profile - The China National Tobacco Corporation (CNTC) Summary The China National Tobacco Corporation (CNTC) is the largest cigarette producer in the world, with domestic and export sales totaling 2,589.08 billion pieces in 2015, approximately two and a half times that of the world's leading multinational tobacco companies, Philip Morris International and British American Tobacco. That year, the state council (central government) – decided to introduce the tobacco monopoly, incorporating China National Tobacco Corporation (CNTC) as the central agency to take charge of the industry on a unified basis. Headquarter is set in Vancouver, BC and operation center in Toronto, ON. This statistic shows the income from a main business of the tobacco industry in China from 2008 to 2018. More information can be found here. China does not have one comprehensive tobacco control law, but several national laws and regulations that legislate tobacco. State Tobacco Monopoly Administration (Chinese: 国家烟草专卖局) and China National Tobacco Corporation (commonly known as China Tobacco, abbreviated as CNTC) (Chinese: 中国烟草总公司; pinyin: Zhōngguó Yāncǎo Zǒnggōngsī) is a Chinese government agency responsible for tobacco regulation and a state-owned manufacturer of tobacco products, operated by the Ministry of Industry and Information Technology of China. China does not have one comprehensive tobacco control law, but several national laws and regulations that legislate tobacco. It enjoys a virtual monopolyin China, which accounts for roughly 40% of the world'… Policies in Place. More + News. 3,683 National Tobacco Company jobs available on Indeed.com. In January 1982, CNTC was officially incorporated. For example, the Hongtashan brand mentioned above has recently published their new climbing-themed advertisements through a Hongtashan Climbing Club. However, major factories in China now count their production of cigarettes in tens of thousands per hour. ok We use cookies on our website to … There is also an anti-smoking lobby that is currently small but growing. It also engages in the tobacco management, importation, and export trade. The State Tobacco Monopoly Administration controls the China National Tobacco Corporation, which is a state-owned monopoly and the largest single manufacturer of tobacco products in the world. Estimated MC H-n-b will be launch at end of this year. Electronic cigarette and e-liquid will be run by the country’s State Tobacco Monopoly Administration, who controls the world’s single largest manufacturer of tobacco products - China National Tobacco Corporation. A major objective of China Tobacco and the STMA has been modernization. ok We use cookies on our website to allow you the best possible service. That's harder than getting a camel through the eye of a needle: right now, state-owned China National Tobacco Company commands a near-monopoly, with 98% market share. Learn how and when to remove this template message, Ministry of Industry and Information Technology, World Health Organization Framework Convention on Tobacco Control, "The Chinese Government Is Getting Rich Selling Cigarettes", State Council of the People's Republic of China, https://en.wikipedia.org/w/index.php?title=China_Tobacco&oldid=992184258, Articles needing additional references from April 2019, All articles needing additional references, Articles containing simplified Chinese-language text, Articles with unsourced statements from January 2019, Articles with a promotional tone from April 2019, Articles with unsourced statements from October 2016, Creative Commons Attribution-ShareAlike License, This page was last edited on 3 December 2020, at 23:13. ITC scored 0.62 in Foundation for a Smoke-Free World’s 2020 Tobacco Transformation Index, better than China National Tobacco Corp., but way behind BAT, Philip Morris International Inc. … 2a 10961 Berlin Telefon: 030 – 694 61 01 Fax: 030 – 692 65 90 Mail: info@unfairtobacco.org, Alternative Livelihoods to Tobacco Growing. CNTC has great influence on the Chinese tobacco control policy, because its headquarters, its CEO as well as its organisational structure is identical with the structures of the tobacco control authority. China National Tobacco Corporation. That year, the state council (central government) – decided to introduce the tobacco monopoly, incorporating China National Tobacco Corporation (CNTC) as the central agency to take charge of the industry on a unified basis. Over the past 60 years, the CNTC has been focused on supplying a huge domestic market. China Tobacco, like many other tobacco companies, produces a plethora of brands – over 900, the largest of which, Hongtashan (Red Pagoda Hill), accounts for only 4% of total sales. Another form of circumvention is printing outdoor advertisements in the name of another entity, the latter's name being clearly printed on the material. China National Tobacco Corporation was founded in 1982 and falls under the jurisdiction of the State Tobacco Monopoly Administration or STMA (also started in 1982); this organization is responsible for enforcing the tobacco monopoly in China. Chinese: 国家烟草专卖局 (中国烟草总公司) Director: Zhang Jianmin Deputy Directors: Yang Peisen, Zhao Hongshun, Xu Ying, Dian Tieli Address: 55 Yuetan Nanjie, Xicheng District, Beijing 100045 Telephone: 86-10-6360-5000 Fax: 86-10-6360- 5793 Website: www.tobacco.gov.cn Information is accurate as … In turn, retail distributors buy cigarettes from China Tobacco, and the profits realized from those sales is in turn taxed by the State Tobacco Monopoly Administration. Official China National Tobacco Corporation website. [citation needed] China tobacco also markets premium brands, notably Chunghwa. These restrictions have forced China National into a strategy that harkens back to the 60's and 70's in the United States; with "cigarette girls", attractive women dressed in brand logos, handing out samples, lighters, and promotional material in front of clubs and bars. Than were possible before founded in January 1982 and is headquartered in Beijing, China cigarette brands are marketed premium. 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