Hongqiao Pearl Market, Pearl and jewellery market in Tiyuguanlu Subdistrict, Dongcheng District, China

Hongqiao Pearl Market is an indoor market spanning six floors, with a seafood section in the basement and specialized retail areas for electronics, clothing, and jewelry distributed across the upper levels. The different merchandise types are organized by floor and create a vertical shopping experience.

The market began in 1979 as a morning street market set up by the Chongwen District industry and commerce bureau for farmers selling produce near Ciqikou. In 1980 it moved to the outer wall of the Temple of Heaven at a spot called Hongqiao, and in 1986 it became Beijing's first enclosed market hall. The present building opened on 28 January 1995 east of the old site. Ahead of the 2008 Olympics, more than 200 seafood stalls left and the floors were converted to pearls.

The market reflects Chinese shopping customs through active price negotiations between merchants and customers across different sections. Visitors experience a form of retail where haggling is a normal part of daily commerce.

The market is located along Hongqiao Lu and is easily accessible by public transportation. Visitors should allow time to explore the different floors and understand that cash-based transactions with haggling are standard practice.

The building stands just east of the Temple of Heaven's outer wall, on the site chosen in 1992 so that the old wall could be uncovered. By 2015 the market had received more than 6,000 visiting dignitaries and envoys from nearly 100 countries, among them Margaret Thatcher, Jimmy Carter and Vladimir Putin's wife.