Xiushui Silk Market is considering opening an outlet in Taiwan

141934-27
Photo:english.people.com.cn

The company behind the Silk Street Market, the Beijing tourist attraction also known as the Xiushui Market, is considering opening an outlet in Taiwan. The Beijing Xiushui Clothing Co. was planning to cooperate with Taiwan businesses to set up a new Xiushui Market in Taipei, said Zhang Yongping, a senior executive of the company.

According to Zhang Yongping a few cities outside the Chinese mainland, including Istanbul and some African cities, had already expressed interest in opening a Xiushui Market outlet, but the company was concentrating on Taipei.

Surrounded by foreign embassies and luxury hotels in the Chaoyang District, the Xiushui market is the third best-known tourist destination in the capital after the Palace Museum and the Great Wall.The Xiushui company tore down the old outdoor market in January 2005, moving the stalls indoors in a new multi-story building. Local authorities have vowed to crack down on counterfeit brand goods in the market as done in Shanghai. Taipei's Xiushui Market is planned to mainly sell local products and will be subject to local laws and regulations.

Sources: english.cri.cn, english.people.com.cn, www.xiushui.com.cn


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