The China National Tobacco Corporation (CNTC) was founded in 1982. It enjoys a virtual monopoly in China, which accounts for roughly 40% of the world's total consumption of cigarettes, and is the world's largest manufacturer of tobacco products measured by revenues. Ling Chengxing (compensation: not applicable). The China National Tobacco Corporation (CNTC) was founded in 1982. 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. 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. [citation needed] China tobacco also markets premium brands, notably Chunghwa. China Tobacco is the biggest tobacco company … 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: Information is accurate as … China's starting to look for ways to roll that back — but it will be hard because of how deeply connected China's national tobacco company is. China National Tobacco Corporation is a company. In recent years several varieties of cigarettes targeted at women have been released (breaking a longstanding taboo). Official Imperial Tobacco website. China National Tobacco Corporation is a company. 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. China National Tobacco Corporation 8. ok We use cookies on our website to … 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. 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. Apply to Inspector, Order Picker, Customer Service Representative and more! A major objective of China Tobacco and the STMA has been modernization. China National Tobacco Corporation. 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. Despite the existence of such premium brands premium cigarettes are uncommon in rural areas. 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,, 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.