Modern and Contemporary Volume Full-Speed Reference Guide - China Fine Art Auction Intelligence

Author: Da Yunhe
Publisher:
Publish Date: 2006-04-01
Features: Since the 1990s, China's market has risen an emerging industry of art auction. The collection of artworks has gradually expanded from the scope of national cultural and cultural institutions with occasional involvement of a few private individuals to a broader range of people from all social strata, while also opening up an increasingly vast art market. As the saying goes, "A prosperous era fosters collection, while a chaotic one hoards gold." The prosperity of the art market is a symbol of economic prosperity, increasing income, and harmonious social development. The motivation for collecting artworks mainly has two layers: one is for the need of spiritual enjoyment, to enrich cultural life, improve the quality of art appreciation, or to decorate homes and beautify living environments; the other is as an economic investment behavior, seeking preservation and appreciation of value. Indeed, there are also those who pursue both. Calligraphy and painting art, with its long tradition, unique national artistic charm, and profound historical and cultural connotation, is loved by people of all levels, and calligraphy and painting lots have become a major part of the art auction market. In recent years, with the dramatic increase in social demand, whether ancient calligraphy and painting or modern and contemporary works, market prices have soared, repeatedly setting new highs.

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