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New Xiushui Market to open on March 11

www.chinanews.cn 2005-01-31 17:38:35

Chinanews, Jan.31 - The new Xiushui Market, scheduled to open in late
February, would postpone its opening to March 11, 2005. At present, all
1,500 stalls in the market have been rented out. Stall owners are mainly
proprietors from the old Xiushui Market and other markets such as
"Yabaolu", "Hongqiao" and "Tianyi".
The new Xiushui Market is now being prepared for the grand opening. The
New Xiushui Market would hire the property management company from Guomao
to manage it. In addition, it will employ more than 60 security guards
and assistant supervisors for all the floors.
On or around March 11, 2005, 1,500 shop owners will move in Xiushui to
start business while restaurants such as the Quanjude Roast Duck
Restaurant would not be able to move in until mid 2005 because of
decoration and management problems. When the new Xiushui Market opens,
developers of the market would sponsor a series of functions. These
functions are now being planned.
How should the new Xiushui Market conduct its business? The Chaoyang
District Government, supervising authority of the new Xiushui Market,
stated for the first time that the new Xiushui Market would put a
complete end to counterfeit goods of renowned brands. "If Xiushui cannot
be prosperous without counterfeit goods, so be it." said Tong Keke. He
also emphasized that counterfeit goods of famous brands would bring
negative image to Beijing's development. New Xiushui has to not only
upgrade itself in terms of hardware but also in terms of business
concepts.
Since last November, Chaoyang District has been cooperating with the
chambers of commerce of the United States and European countries. They
have listed 9 famous brands, including Louis Vuiton and Chanel, for key
protection. As soon as products of these 9 brands are found in Xiushui
Market and Yaxiu Market or other markets, they will be deemed as
counterfeit products on the spot and enforcement action would follow.
Eliminating counterfeit goods of famous brands would ensure foreign
investors that their investment in Beijing is totally safe and their
intellectual property rights are well protected.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649

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