China Tobacco
Chinese state-owned tobacco manufacturer and regulation agency / From Wikipedia, the free encyclopedia
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China National Tobacco Corporation (中国烟草总公司), branded as China Tobacco (中国烟草), is a national key state-owned corporation with monopoly status in China to manufacture and sell tobacco products.
Native name | 中国烟草 |
---|---|
Company type | Government agency State-owned enterprise |
Industry | Tobacco |
Founded | January 1982 |
Headquarters | 55 South Yuetan Street, Xicheng District, Beijing, China, 100045 |
Area served | China |
Key people | Zhang Jianmin (张建民 Director of State Tobacco Monopoly Administration, President of China National Tobacco Corporation) |
Products | Cigarettes |
Owner | Chinese Central Government |
Parent | Ministry of Industry and Information Technology |
Website | www |
The State Tobacco Monopoly Administration (国家烟草专卖局) is a Chinese government agency responsible for national tobacco monopoly regulation. The two agencies are co-located in the same office and sharing the same website.[1]
China Tobacco enjoys a legal monopoly in the country,[2] accounting for 96% of cigarette sales in the country, and is the world's largest manufacturer of tobacco products measured by revenues. It exports a small proportion of its production, mostly to Asian markets.