Xiushui Street is close to the Friendship Shop and the embassy area. Here you can  enjoy shopping for a wealth of traditional Chinese knick knacks to bring home for your family.  If you don't have too much time for shopping in Beijing, this could be the only place you need to visit.

Bargaining is essential here in order to get the best prices. Items which you can find in this market include: shoes, jeans, trousers, jackets, shirts, Chinese souvenirs, Chinese rugs/carpets, golf equipment, pearls, watches, sunglasses, silk by the roll, Chinese paintings, small electronics and many other things.  It also has a small supermarket in the basement.  Prices are generally very reasonable here compared to your home country and if you are a skilled bargainer, you might be able to get things very cheap.

The Xiu Shui Street Mall is located along Chang An avenue near the Yong An Li line 1 subway station. You can now walk directly from the subway into the mall via an underground passageway without stepping outside into the scorching heat of summer or the terrible cold of winter. 

Opening hours: 9:00--21:00

Tips

Bus: 28, 43, 120, 126 and 403, get off at Yonganli station
Metro: Line 1 and get off Yonganli station

The shopkeepers here are skilled at speking English or other languages. So it is very convenient for foreign tourists to shopping here.  In addition, the shopkeepers quote opening prices that are anywhere from 2 to 20 times the price that they would actually accept. If you want to buy your favorite commodities at a reasonable price, you need to try your best to bargaining with them.

Around

1. The Tiananmen Square

     Address: 4 Jingshan qianjie (front street), Dongcheng District 
     Ticket: Free entry to Tian'anmen Square
     Bus: 1, 9, 20, 44, 59, 120, 742, 803, 808, 819, 848 and Special bus routes 1
     Metro: Line 1 and get off at Tian'anmen West station
     Opening Hours: 5:00-22:00 

2. The Palace Museum

     Address: No. 4, Jingshan Front Street, Dongcheng District, Beijing
     Ticket: From November 1 through March 31, admission is RMB 40
     From April 1 through October 31, admission is RMB 60
     Bus: 101, 103, 109, 124, 685, 810, 814, 846
     Metro: Line 1 and get off at Tian'anmen West station
     Opening hours: April 1st-October 31  8:30-17:00 Last Entry at 16:10 Tickets sold until 16:00
                           November 1st-March 31 8:30-16:30 Last Entry at 15:40 Tickets sold until 15:30