Commercial pedestrian street is supported by city block，and takes pedestrian system as preferential traffic system，and is urban quality commercial activity space with highly concentrated and highly developed commercial and service facilities. Although has been upgraded and rebuilt for five times，Wangfujing pedestrian street still has some problems，such as the commercial ecological industrial structure is still not reasonable，shopping activities still have a large proportion；the core competitiveness is still not strong，and the sales volume still does not have a large proportion；the property relation is still complex，and the mechanism for planning as a whole is still not complete；the historical cultural resources are still not been fully used，and the integration for culture，commerce and travel is still not enough. To push the transformation and upgrading of the whole Wangfujing pedestrian street，we need to make scientific planning and be clear about the new thought for the development of new era；we need to change and improve commercial business activities and improve the core competitiveness of commercial block；we need to enlarge the supply of consumption scene，and keep creating and satisfying new consumption demand；we need to manifest the historical resources and cultural characteristics and push organic integration of culture，commerce and travel.