TEDA Travel Group, Inc. has announced the opening of its new office in Beijing.

The Beijing office has been established in the capital city of China to serve as the company's base of operations in Mainland China.

Madam Chang, Chairlady of TEDA Travel Group said, "It is imperative to our business strategy that we create a presence in Beijing.  The Chinese government is run from Beijing and it's critical for us to be here.  We deal with many government officials on many business matters and this will facilitate a closer and more direct relationship."

Company executives have been working out of their Hong Kong  office, with frequent trips to its properties in Tianjin.

"Additionally," continued Madam Chang, "We're working very closely with Olympic organizers in Beijing and it became very important for us to be entrenched here, well in advance of the Olympics in 2008.  The Chinese travel industry will no doubt see a tremendous spike due to 2008 Olympics, particularly around Beijing and surrounding areas.  We wanted to move into Beijing early to explore all the various business opportunities in our industry.  We're simply doing what it takes to position our brand as the top name in hotels in China.  This is one of many steps in that direction," concluded Madam Chang.

TEDA Travel Group is the only full service Chinese travel and real estate service company listed in any U.S. financial markets.  Currently, TEDA Travel Group is providing management services to hotels and resorts throughout China. In addition to its property management division, TEDA Travel also owns the largest Timeshare operation in China as well as a portfolio of real estate investments.  Leveraged on its existing core businesses and the brand name "TEDA," one of most recognized names in China, TEDA Travel Group intends to become a market leader in the fast growing Chinese travel and real estate services industry.