China Tourism Group Duty Free Corp. Ltd. engages in the provision of travel services and the sale of merchandise. It operates through the following segments: Retail, Property, and Travel Services. The Retail segment offers duty-free and duty-paid merchandise and related services. The Property segment invests in and develops integrated travel retail complexes and manages property leasing. The Travel Services segment provides tourism services, operates travel agencies, handles travel documentation, and delivers other travel-related services. The company was founded in 1984 and is headquartered in Beijing, China.