According to relevant information, the new generation transformation of Xidan was completed in 2023. According to official website, Beijing Municipal Bureau of Commerce, it was learned at the press conference of the seventh session of the 16th People's Congress of Xicheng District in 2020 that in the next three years, Xicheng District will vigorously promote the transformation of Xidan business district, and all shopping malls and shops headed by Xidan Joy City will complete the format upgrade to create a youthful and fashionable style. The whole project is expected to be completed in 2023. Ethan, director of the Xicheng District Bureau of Commerce, said that in the future, Xidan Business Circle will introduce more formats such as leisure, entertainment and sports health. After the introduction of new formats, businesses and enterprises will upgrade and transform according to the existing situation. Among them, Xidan 109 building will be upgraded to a new comprehensive building with business restaurants, urban services and technology, conference accommodation, and high-end wedding display services will be introduced. At the same time, Xidan Cultural Square may also be renamed to show the fashion atmosphere, which is currently under planning. Xidan is the business district of Beijing Xicheng District, and Xidan is the business district of Beijing Xicheng District. Named after Xidan archway, commonly known as old Beijing.