CNTC meaning in Business ?

Answer:

What is China National Tobacco Corporation mean?

State Tobacco Monopoly Administration (Chinese: 国家烟草专卖局) and China National Tobacco Corporation (commonly known as China Tobacco, abbreviated as CNTC) (Chinese: 中国烟草总公司; pinyin: Zhōngguó Yāncǎo Zǒnggōngsī) is a Chinese government agency responsible for tobacco regulation and a state-owned manufacturer of tobacco products, operated by the Ministry of Industry and Information Technology of China. It enjoys a virtual monopoly in China, which accounts for roughly 40% of the world's total consumption of cigarettes, and is the world's largest manufacturer of tobacco products measured by revenues. It exports a small proportion of its production, in majority to Asian markets.

reference

Full Form	Category
China National Tobacco Corporation	Business
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