Miscellaneous - 2005 Artwork Auction Rankings

Author: Zhao Qiang
Publisher:
Publish Date: 2006-03-01
Features: The booming phenomenon in the art market is due to China's sustained economic growth over the years, the accumulation of personal and corporate wealth, social stability, and peace of mind; to the increasing cultural refinement and deep love for national cultural traditions; to the government's support for popular collecting, which has enabled the cultural relic collection market to flourish; and to the development and improvement of the auction industry in recent years. The prosperity of the art market not only reflects the prosperity and revitalization of a nation but can also be seen as the awakening and enhancement of popular culture. With the steady development of the domestic economy, art will continue to appreciate in value. Therefore, the prospects for investment remain very optimistic. The newly published 2005 "Art Auction Rankings" series is compiled based on the actual auction results from last year. Readers can learn from it about the trends and directions of art auction prices and explore certain patterns. In the future, we will continue to compile new rankings annually for investors to reference.