Beijing Panjiayuan Flea Market is located at the southwest of Panjiayuan bridge, South road of East third ring road, Chaoyang District, Beijing. Covering an area of 48,500㎡, it is divided into six sections: Roadside stands, Ancient Architecture, Classical Furniture, Modern collection, Sculpture and Stone Engraving, and the Catering section. Trading mostly in antiques, handicrafts, ornaments, and other collectibles, Panjiayuan has an annual revenue of several hundred million yuan. Having more than four thousand shop owners, this market has nearly ten thousand shop assistants in which sixty percent are from the other twenty-eight provinces and municipalities except Beijing. People here come from a variety of backgrounds, there are more than ten minorities of Hui, Man, Miao, Dong, Uigur, Mongolian, Korean, and other ethnic groups of China. Founded in 1992, this market has developed along with the success in business in folk antiques and handicrafts. Diffusing Chinese culture, it has become a large, quaintly classical market of antiques and handicrafts.