Wangfujing refers to Wangfujing Street, which starts from East Chang 'an Avenue in the south and ends at China Art Museum in the north. It is about three miles long and is the most famous business district in Beijing. Wangfujing's daily necessities, hardware, electrical materials, clothing, shoes and hats, jewelry, diamonds, gold and silver jewelry, etc. It's dazzling, and the purchase and sales of goods are huge. It is called "the land of gold".
After the founding of New China, the people's government reorganized and transformed Wangfujing Street, inherited and developed its traditional commercial characteristics, built some large-scale commercial facilities, and formed a bustling commercial district with Dongfeng market and department stores as the main body. Today, Wangfujing Street has taken on a new look, welcoming Chinese and foreign guests with a new look.