Who developed Wangfujing in Beijing

Beijing Wangfujing is one of the commercial districts in the center of Beijing, which has a long history and was originally a hunting ground for the royal family of the Qing Dynasty. Built in the Ming Dynasty, Wangfujing Commercial Street was originally called "Arrowpole Hutong" and was changed to "Wangfujing" during the Qing Dynasty.In the 1950s, Wangfujing Commercial Pedestrian Street was developed and became one of the most famous commercial and shopping districts in Beijing. The specific developers are as follows:

In 1955, the renovation and development of Wangfujing Commercial Walking Street was funded by both the central government and the Beijing Municipal Government***, and undertaken by the Beijing Municipal Construction Engineering Company. At that time, Wangfujing was a narrow street, closed by stone walls and stone gates, with only a few stores and restaurants on the whole street. In order to change this situation, the Central Government and Beijing Municipal Government decided to remodel and develop Wangfujing. After the renovation, Wangfujing Commercial Walking Street became a modern commercial and shopping area, introducing many famous domestic and foreign stores and brands, attracting a large number of tourists and consumers to come for shopping, sightseeing and entertainment.

In short, the remodeling and development project of Wangfujing Commercial Pedestrian Street was funded by both the central government and the Beijing Municipal Government***, and undertaken by the Beijing Municipal Construction Engineering Company. After decades of development and growth, Wangfujing Commercial Walking Street has become one of the iconic commercial districts in Beijing.