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C21MARKETPLACE

China International TV Corporation

Company overview

China International Television Corporation (CITVC) is a state-owned cultural company directly under China Media Group (CMG). It has always adhered to the business philosophy of “prioritizing social benefits and unifying social and economic benefits”. By focusing on its main business of film and television, and by cultivating the cultural industry market, the company has increased its scale and comprehensive strength rapidly and maintained its position as in influential industry leader. The company is the largest operating entity under CMG and the first enterprise under CMG to accumulate over RMB 10 billion in assets and RMB 10 billion in annual turnover. It has been named one of China’s “Top 30 National Cultural Enterprises” and a “Key National Cultural Export Enterprise” for several years running. Since the establishment of CMG, CITVC has thoroughly implemented a series of important instructions from President Xi Jinping, served the development strategies of the country and CMG, stuck to the right path and made innovations, highlighted quality and efficiency, deepened integrated development, improved corporate governance, and continuously enhanced its competitiveness. In short, it has strived to build a leading domestic and world-class new media industry group and comprehensively assisted CMG in its work to become a first-rate international mainstream media organization.