The biggest cigarette company from China is a company owned by the government. Yes, we are talking about the China National Tobacco Company (CNTC).
The company was founded in 1982. About 42.6% of the world’s cigarette market has been controlled by this company according to research in 2017. This makes this company as the largest cigarette producer in the world.
The company is headquartered in Beijing, it participates 6% of a total of 2.7 trillion dollars in the Chinese government’s revenue. CNTC controls the cigarette market in its own country to 97% in 2018.
Hongasthan is the flagship cigarette of this company among the 30 products they produce. Not only that, but China Tobacco is also famous for the highest quality cigarette, namely Chunghwa.
With its popularity, the focus of CNTC sales is concentrated on cigarettes in China and only 1% in foreign markets.
Even with a smaller number on the world market than at homeland, CNTC continues to increase its sales by marketed brands such as RDG, Dubliss, and Harmony in the global market.