This is confirmed news: at 9:30 PM, June 30, 2006, all the gates of Xiangyang Market was closed, and no customers are allowed to enter the market from then. Soon, the buildings will be cleared and the site will be turned into a retail and office complex.
No more Xiangyang Market in Shanghai. So don’t need to waste time to go to the site to try your luck – it is closed, and it is gone.
Where will be Xiang Yang Market go? Many of them moved to Qipu Road Market, which is at the Qipu Road (near the Suzhou Creek and the Middle Henan Road), and others moved to the Yatai Market.
According to some report, 200+ small merchants moved to the Yatai Market at the Shanghai Science and Technology Museum Metro Station of Metro Line #2. The market will open soon.
There is no doubt that the prosperity of a market like Xiang Yang will not be back.
Also, it is clear message of “NO” to fake goods and products. According to the news, Yatai put “No Fake Goods” into the rental contracts and kept close eyes on this issue. Anyway, China has entered the WTO; the Beijing Olympics will be held in 2 years, and the Shanghai World Expo 2010 is just 3 years ahead.