CHWT Signs Letter of Intent With World Trade Center Guangzhou
B: Signs Letter of Intent With World Trade Center Guangzhou for the
Establishment of Guangzhou World Trade Center Club
New York, New York, Jan 24, 2001 (Market News Publishing via COMTEX) -- China
World Trade Corp. announced that it has executed a Letter of Intent with World
Trade Center Guangzhou to jointly establish Guangzhou World Trade Center Club,
through which a variety of services can be provided to members of World Trade
Centers both in China and other countries throughout the world.
Following its establishment, Guangzhou World Trade Center Club will provide
comprehensive services to members of World Trade Center Guangzhou and members of
the World Trade Centers Association throughout the world, including:
intermediary services to trade and investment, business centers, computer
network services, business information and consulting services, product display,
technological exchanges, international conference services, trade shows and
other business-oriented exhibitions.
John H.W. Hui, chairman and chief executive officer of China World Trade,
stated: "Our joining forces with World Trade Center Guangzhou for the
establishment of Guangzhou World Trade Center Club is expected to translate into
bountiful economic returns for both companies. Our alliance with World Trade
Center Guangzhou symbolizes our continued commitment to be the premier business
liaison between Eastern and Western economic interests."
World Trade Center Guangzhou is a member of the World Trade Centers Association
and has established long-term business relationships with numerous World Trade
Center Association members both inside and outside China.
Statements made in this news release concerning predictions of performance and
the company's plans and objectives are not historic facts and constitute
forward-looking statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Such statements involve
important risks and uncertainties that may cause results to differ materially
from those set forth in this news release. All forward-looking statements are
subject to the successful completion of actions described in the news release.
Readers should carefully review the company and publicly available filings
thoroughly with their registered investment adviser or registered broker.
CONTACT: TEL: (800) 791-5777 Sy Mitzner, Pace Communications Networ
WEBSITE: www.china-wtc.com
URL: www.china-wtc.com
MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.
(C) 2001 Market News Publishing Inc.
-0-
KEYWORD: New York, New York
*** end of story ***
imo
