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

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: 欧美日本免费一区二区三区| 色偷偷亚洲综合网亚洲| 奇米影视7777狠狠狠狠色| 久久天天躁狠狠躁夜夜不卡| 欧美成年黄网站色视频| 亚洲美女综合网| 精品久久久BBBB人妻| 四虎影视永久在线观看| 调教15小男生gay脱裤子| 国产成人免费ā片在线观看老同学| 一区两区三不卡| 国产精品自拍电影| 99在线播放视频| 女生张开腿让男生通| 一级毛片免费的| 我要看三级全黄| 久久久久久久久久久久久久久久久久 | 国产午夜福利内射青草| 欧美性xxxxx极品人妖| 国产精品无码久久综合| 91欧美在线视频| 国语对白一区二区三区| JZZIJZZIJ日本成熟少妇| 女人18毛片a级毛片免费视频| 一区二区三区视频观看| 成人小视频在线观看| 中文字幕版免费电影网站| 日本三级特黄在线观看| 久久夜色精品国产噜噜亚洲AV| 日韩欧美中文字幕在线播放| 亚洲av成人无码久久精品老人| 欧美人与动人物姣配xxxx| 国产精品欧美一区二区三区| 99精品国产丝袜在线拍国语| 女扒开尿口让男桶30分钟| 一本久久伊人热热精品中文| 性色欲网站人妻丰满中文久久不卡| 中文字幕123区| 欧美国产日韩一区| 亚洲成av人片在线观看无码| 欧美最猛黑人xxxx黑人猛交黄|