Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Silk Street Market Tidies up Its Image
Adjust font size:  ZoomIn ZoomOut

Silk Street Market, a popular shopping destination for tourists and the frequent target of intellectual property rights (IPR) disputes, is hoping a wave of a stall closures will help it shed its image as a haven for counterfeit goods.

 

More than 150 booths selling fake brand name goods - involving everything from ties and silk scarves to kids' clothes - were cleared out in a month-long house-cleaning campaign initiated by the market's operator.

 

"The move is part of our commitment to doing business while protecting IPR," said Wang Zili, general manager of the Beijing Silk Street Garment Market Co.

 

Having rid itself of the questionable vendors, the market presented a new look to shoppers yesterday, featuring century-old silk brands like Ruifuxiang, Qianxiangyi, Shengxifu and Neiliansheng.

 

The market unveiled a museum of silk-making machines.

 

"The finer things do not come cheap - we paid about 5 million yuan (US$658,000) for the clean-up effort," said Wang.

 

Displaced vendors got 30,000 yuan in compensation for the sudden termination of their contracts. The sum is equivalent to what the vendors paid two years ago to set up shop within the market.

 

Wang said the 5 million yuan had been taken from the market's IPR fund, which amounts to about 30 million yuan.

 

The decision to replace the questionable vendors with those selling famous domestic brands, which generally are sold at fixed prices, will not affect the market's distinctive bargaining culture, the operator said.

 

"The willingness of the big names to be flexible on price came in exchange for easy access to the market and preferential rents. That's our deal," said Wang, adding that most tourists come for enjoying the fun for bargaining.

 

Andrew Healey, a businessman from England was trying on a melon-red silk robe.

 

"This is for my wife, who is the same size as I am," he said, admitting that he knew nothing about the quality of the silk but enjoyed bargaining and joking with the sales girl.

 

A quick check by China Daily revealed that goods bearing brand names such as Coach, Gucci, Nike and Polo were still available to insistent shoppers.

 

The Silk Street Market is one of the capital's key commercial-cultural areas and regularly benefits from major events held in Beijing.

 

During the China-Africa summit last November, when throngs of political and business leaders flooded into Beijing, the market earned 1.3 million yuan from African clients in just five days.

 

(China Daily July 13, 2007)

 

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Silk Street Market Sets up IPR Protection Fund
- Beijing's Silk Street Market Considers Opening in Taipei
Most Viewed >>

Nov. 1-2 Tianjin World Shipping (China) Summit
Nov. 7-9 Guangzhou Recycling Metals International Forum
Nov. 27-28 Beijing China-EU Summit
Dec. 12-13 Beijing China-US Strategic Economic Dialogue

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 老湿机69福利区18禁网站| **一级毛片全部免| 无人高清影视在线观看视频| 国产欧美综合一区二区三区 | 亚洲中文字幕无码av永久| 浪荡欲乱之合集| 免费福利视频导航| 1300部真实小u女视频在线| 天天综合视频网| 久热re这里只有精品视频| 欧美成人精品福利网站| 亚洲精品自在在线观看| 视频一区视频二区在线观看| 国产清纯白嫩初高生在线观看 | 国产精品美女久久久免费| 中文字幕成人精品久久不卡| 日韩毛片无码永久免费看| 亚洲中文无码a∨在线观看| 欧美日韩精品福利在线观看| 四虎电影免费观看网站| 香蕉啪视频在线观看视频久| 国产成人综合亚洲AV第一页| 巨胸狂喷奶水视频www网站免费| 成人欧美一区二区三区1314| 久久国产精品一国产精品金尊| 最新亚洲人成无码网站| 人妻免费久久久久久久了 | 巫山27号制作视频直播 | 又色又爽又黄的视频网站| 欧美日韩一道本| 失禁h啪肉尿出来高h男男视频| 久久午夜羞羞影院免费观看| 最新国产三级久久| 人妻aⅴ无码一区二区三区| 香港经典a毛片免费观看看| 国产成人女人毛片视频在线| 欧美精品无需播放器在线观看| 国产精品一区12p| a一级爱做片免费| 无人高清视频完整版在线观看| 久久久久久久久66精品片|