China World Trade Corp announced today that Guangdong Telecom, a subsidiary of China Telecom has awarded it an agreement, to provide services in operation of the national merchant network for Guangdong Telecom and to provide value-added services for member of the VIP club of Guangdong Telecom.

China World Trade intends to develop over 1,000 merchant clients for Guangdong Telecom in China in 2004. In addition, the Company will also develop the IT infrastructure to manage the merchant clients with an establishment of an interactive system between the merchant clients and members of the VIP clubs through a combination of an Internet site, Secure Messaging Service, call center and printed media.