Beijing Bairong Market is still open now in 2022.

According to the latest epidemic prevention and control requirements, Beijing Paragon Market suspended dine-in services from November 19th. The food and beverage outlets in the mall can still provide take-out-to-home service through major take-out platforms, as well as pick-up service at the store. The mall's opening hours have been adjusted to 10:00 to 21:00.

Markets

Markets are one of the many systems, institutions, programs, legal enhancements and infrastructures in which parties are involved in exchanges, and the process by which prices for goods and services are established. Markets facilitate trade and lead to distribution and resource allocation in society. Markets allow any tradable item to be evaluated and priced. Markets are a product of the social division of labor and the production of goods, and wherever there is social division of labor and exchange of goods, there is a market.

The three elements that determine the size and capacity of a market: purchasers, purchasing power, and desire to buy. At the same time, the market in its development and growth process, but also promote the social division of labor and the further development of commodity economy. The market, through information feedback, directly affects what and how much people produce, as well as the time to market and the status of product sales.

The market connects the parties of production, supply and marketing in the process of commodity economy development, and provides the parties of production, supply and marketing with the place, time and other conditions of exchange, so as to realize the respective economic interests of commodity producers, operators and consumers. Consumer market refers to the market composed of individuals and families who buy products and services to satisfy their personal consumption.