Home Business China International Culture��Edu Sci��Tech Sports Life Travel P hotos ��Search China Observer �� Environmental protection at a crucial moment �� Why are Chinese disinclined to show wealth? �� Rapid growth in China's foreign reserves is rational Photos �� Tianchi of Changbai Mountain �� Kunming Larus ridibundus �� World's biggest genuine leather shoe ��Home>> 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 Copyright� 2004 Chinanews.com. All rights reserved. Reproduction in whole or in part without permission is prohibited. Disclaimer: viewpoints in the website do not represent China News Service Learn Chinese, Learn mandarin