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Xiushui Dongjie Market, Silk Market, (Silk Alley), Beijing Shoppintg

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New Silk Market Opening Delay

CRIENGLISH.com Jan. 4, 2005 - The scheduled opening of the new Silk Market next week is to be postponed until the end of this month. Meanwhile a second invitation for investors in the new market will be issued. The new Silk Market is located at the corner of Xiushui East Road and Jianguomen Wai Road. It will have 8 floors, three of them underground, housing over a thousand stands and several hundred parking spaces. The old Silk Market will be closed for safety reasons.

Goodbye Silk Street, hello shopping mall?
The new Xiushui Market, a modern five-story building that stands just next to the former grounds of the Silk Street clothes market, just opened to the public recently, after its debut had been postponed several times from its original date of early February. The imposing structure has been decked out in crimson and navy blue to give the building a strong traditional Chinese flavour.
With about 1,500 stalls, the market is much bigger than the former street. There are bags, cases, shoes and hats in the basement; various clothes, many of which are international brands, on the first and second floors; silk goods and Chinese paintings on the third floor, and pearls and Chinese traditional crafts on the fourth floor. All stalls in the market are rented out and many vendors are in line to secure a place in the new shopping centre. The monthly rent for a stall varies from 4,000 yuan to 40,000 yuan for a coveted first floor position. Though the shopping centre's management group promises to weed out counterfeit or poor quality goods in the market, and there are fewer imitation brand name goods sold at Xiushui Market than there used to be along Silk Street, there is still no way to completely keep knock-offs out of the market. Inspectors supposedly already spotted fake goods of big international brands on the market's first day. The opening week has attracted many customers to take look inside. Vendors report that many more Chinese shoppers have grazed the aisles, rather than foreign guests. "But business is not very good," some vendors said. "People crowd on the first floor, while on other floors there are few customers." Some foreigner also said that they were a little disappointed to find that the multi-story indoor market no longer has the special attractions of the former roadside market. Source: Beijing weekend April 6, 2005

Beijing's Silk Alley to Be Demolished

Xinhua News Agency June 19, 2004 - Beijing's famous outdoor Silk Alley is set to be demolished and moved to an indoor site.  Beijing's famous outdoor Silk Alley, stacked with fake brand name goods, is set to be demolished and moved to an indoor site because of concerns over fire dangers. The Xiushui market, as it is referred to by Chinese, is one of Beijing's most popular tourist destinations, drawing crowds of up to 20,000 people at weekends to search out cheap fake designer shoes, coats and bags. But its fate has been under a cloud since authorities decided the narrow thoroughfare was a fire risk. A decision now appears to have been made to knock it down, although an exact date for the demolition has not been set. The area where the market is located, near the equally famous Friendship Store, which is itself under threat of closure, will be turned into a street to ease the increasingly grindlocked traffic along Chang'an Avenue. Reports say it will be moved to a new indoor building over eight stories that can accomodate 1,000 stalls. (Beijing's Silk Alley to Be Demolished

Beijing's famous outdoor Silk Alley is set to be demolished and moved to an indoor site.  Beijing's famous outdoor Silk Alley, stacked with fake brand name goods, is set to be demolished and moved to an indoor site because of concerns over fire dangers. The Xiushui market, as it is referred to by Chinese, is one of Beijing's most popular tourist destinations, drawing crowds of up to 20,000 people at weekends to search out cheap fake designer shoes, coats and bags. But its fate has been under a cloud since authorities decided the narrow thoroughfare was a fire risk. A decision now appears to have been made to knock it down, although an exact date for the demolition has not been set. The area where the market is located, near the equally famous Friendship Store, which is itself under threat of closure, will be turned into a street to ease the increasingly grindlocked traffic along Chang'an Avenue. Reports say it will be moved to a new indoor building over eight stories that can accomodate 1,000 stalls. Xinhua News Agency June 19, 2004.

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