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The Beijing Mall (Chinese: 新燕莎金街购物广场; lit. 'New Yansha Golden Street shopping mall') was a shopping mall at Wangfujing in Beijing, China, using the Phase II building of Beijing Hotel at 301 Wangfujing Street. [1] It is developed by the New Yansha Group, a subsidiary of Beijing Tourism Group, and opened in July 2004. [2]
At the time, prices were far beyond the purchasing ability of most ordinary Chinese, and the mall was relatively inaccessible, being located in the sparsely populated outer suburbs of Beijing between the 3rd and 4th ring road. [2] [5] Fu Yuehong, general manager of the New Yansha Group which operates nearly half the mall, explains:
In October 2010, Yintai Department Store acquired a 50% stake in Beijing Yansha Friendship from Hengji Property for 1.612 billion yuan, and the acquisition was completed in the form of shares. After the acquisition, Hengji Property held 7.74% of Yintai Department Store. [2]
In 2004 it merged with Beijing New Yansha Group (the developer of the Golden Resources Mall), restaurant operators Quanjude and Donglaishun, and the Antique City Group. [4] In 2015 BTG bought the Home Inn hotel chain for 11 billion RMB. [5] In 2016 it had RMB 73 billion in assets and RMB 44 billion in revenue. [6]
Yanshan District (simplified Chinese: 燕山区; traditional Chinese: 燕山區; pinyin: Yànshān Qū) is a former district of Beijing, located southwest of the city center, and was situated in the middle of Fangshan. It spanned an area of 37.8 square kilometres (14.6 sq mi). It bordered Fangshan throughout on all four sides.
Cyber Monday savings are on fire. We found the top deals you can shop under $100, including Disney+, Amazon devices, toys, and more.
Kempinski Hotel Beijing is known for its annual events, including the Vienna Ball and Oktoberfest. The hotel shares the Beijing Lufthansa Center complex, with offices, apartments and showrooms, You Yi Shopping City, banks, airline offices, a 24-hour international clinic, the "Beijing International Medical Center," a health club and a kindergarten.
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