Rongbaozhai: China Sotheby's

Author: Wang Ming
Publisher:
Publish Date: 2002-01-01
Features: On the northern side of Liulichang Street outside Hepingmen in Beijing, there is a two-story small building with a curved eaves design. This is the Rongbaozhai, often referred to by many as the "Art Palace" or "Museum." It has been in existence for over three hundred years. As an old enterprise in China, how has it developed over the years? Why has it been able to grow and thrive in fierce competition? In today's China, where the tide of reform is surging and the market economy is becoming increasingly deeply rooted, what insights can its development offer? Now, let us trace the development path of Rongbaozhai and explore the secrets of its success.