Panjiayuan antique market

(visitbeijing.com.cn)
Updated: 2008-08-04 13:58

 

The market lies to the southwest of Panjiayuan Bridge, East 3rd Ring Road South, Chaoyang District. It covers an area of 48,500 square meters, of which 26,000 square meters are for business.

It mainly deals in antiques and old articles, handiwork, collections, and decorative articles, with an annual business volume of RMB several hundred million. There are over 4,000 shops in the market, with nearly 10,000 dealers, 60% of whom come from 28 provinces, cities, and autonomous regions outside Beijing and over a dozen nationalities such as Han, Hui, Manchu, Miao, Dong, Uigur, Mongolian, and Korean.

This spontaneous market came into being in 1992 as a roadside market. As trade in folk antiques and handiwork grew, it had become a large antique and handiwork market spreading folk culture in 2002. Many Chinese antique collectors believe that they started their career in Panjiayuan. A visit to the market has become as important a part of a foreigner's tour in Beijing as the Great Wall, the roast duck, and the Palace Museum.

The shops in the market are open every day, while the stalls operate on weekends. This is the most attractive antique market in the country. On weekends the number of customers reaches 60,000-70,000 a day, including over 10,000 foreigners. Here tourists with different skin colors, speaking different languages, from different classes, and having different beliefs are intermingled.

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