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BIZCHINA> Editor Choice
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Qianmen Street: Yesterday once more
By Hao Zhou (chinadaily.com.cn)
Updated: 2008-07-03 11:37 Commercial Avenue At the beginning of 2007, CCTV anchorman Rui Chenggang's essay titled "Why Starbucks Needs to Get Out of the Forbidden City?" triggered a heated nationwide debate about whether "the symbol of low-end US food culture" is "an insult to Chinese civilization." But Qianmen Street differs from the Forbidden City. It has been an ever-open commercial street since it began taking shape. Many businesses born on this street, including Quan Ju De, which is famous for roasted duck, Da Bei Photo Studio and Qing Lin Chun Tea Shop, which will move back to Qianmen. "We have earmarked 10 million yuan ($1.46 million) annually to support innovations of those old businesses in Qianmen for at least three years in a row," said Tian. "We would like to accommodate both traditional Chinese businesses and modern global ones and let them develop together." Culture Rejuvenation
The State Council, China's cabinet, adjusted the country's public holidays this year, adding three Chinese traditional festivals: the Qingming, or Tomb Sweeping, Festival; the Dragon Boat Festival; and the Mid-Autumn Festival. The revival of old Qianmen Street, the adjustment of national holidays and the colorful Chinese elements in the upcoming Beijing Olympics, all are meant to rescue, or at least remind modern Chinese of, our glorious history and cultures. (For more biz stories, please visit Industries)
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