China Duty Free aims for place among the global industry's top three

China Duty Free Group, a unit of the mainland's largest tourism conglomerate China National Travel Service Group Corp, is looking to become one of the world's top three duty-free operators, possibly as soon as next year.

"On a conservative estimate, we will sit among the world's top three duty-free operators in terms of annual sales within the coming three years," said Li Gang, vice-general manager of China National Travel Service Group Corp. "If all goes well, it is entirely possible to achieve the goal by next year."

"Being a world-class duty-free operator always defines the strategic goal of China Duty Free Group. What does it mean by 'world-class'? We believe it should be the top three," Li noted.