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Chinese Art Market Outlook 2011
  发布时间:2011-5-12

Into 2011, the Chinese art market is entering a new historical stage.

As the number of years ago, the art market forecast published reports, is now to be confirmed accurately. In fact Chinese art from the early 1980s from nearly a hundred years of history into a pick-up track from the new low, after the eighties era of loess (ie, value of art for just as gold prices loess), up to the nineties Brass era (ie the value of art for sale, such as brass, gold price), to 2000 to 2010 had climbed to the Silver Age (that is, the value of art such as gold selling price of silver), and the decade 2011-2020 will be Chinese art in the golden years. China is expected to art in 2020 will return to historical price of gold high. By then China will be the world''s richest powers of the Chinese people''s life will reach the world advanced level, and the revitalization of Chinese culture has gained a significant influence in the world, Chinese art was not only the Chinese people''s love and support, and will be general awareness of international art collectors and sought after. Art collectors around the world to absorb the pursuit of love, the good can not be mass-produced Chinese art in short supply, is bound to an unprecedented high price, back to the golden age of Chinese history will be a predictable and inevitable conclusion.

Over the past three decades the development of Chinese art market, the 1980s and 1990s, the first Chinese art primarily by wealthy overseas Chinese to absorb them and support the nineties before the arrival of 2010, the Chinese art market gradually back from overseas to China, Mainland China has become the rich people up to absorb the main force of Chinese art.

As China''s reform and opening up three consecutive years has made remarkable economic achievements, making China second only to the United States became an economic entity, China''s wealthy class has been formed, and with high-speed growth. Today, the Chinese luxury goods world accounts for an increasing share of the world. To tens of trillions of Chinese folk liquidity, as long as a small part into the art market has been enough to push the Chinese art of the incredibly high price.

In recent years, China''s booming art market has attracted worldwide attention. Especially in the last two years when the Western world, busy with the impact of the financial tsunami, also affect the consumption of Western art. The Chinese art market is thriving to an unprecedented boom, and the Chinese calligraphy and painting works of art in one fell swoop into the million times, the late master of fine easily into the price of ten million yuan, while the younger generation of famous works of the era into one million yuan.

Analysis of them, even though China''s red-hot art market is alarming, but the real Chinese art market is still in its infancy. China''s real consumer art collection should be less than 5%, the current popular support for China''s booming power of art ranging from three aspects: first, public relations is a huge gift market, this famous painting with Chinese characteristics, needs a huge gift, make some with known, works of calligraphy and painting in high positions in short supply, prices continue to rise, even up to unreasonable high (this is one of the market errors, recognize only the title position, ignoring the quality factor for the level); The second is the entrepreneurial investment (annual Entrepreneur famous works of art for public relations has been quite the demand for large-scale purchase of paintings can reduce the tax benefits they will receive the appreciation of works, why not.); Third speculative capital funds for the operation type of speculation (the basic model are: first, the use of considerable funds to purchase a large number of lower-priced works, the phenomenon of the formation of tight stock market, and then by means of auction and auction market price artificially high, resulting in the rapid appreciation of the phenomenon of works such as stock speculation as to when to attract some people want to follow the trend of profitable market, they need only one or two points in one-third of the sale price has been get huge profits while the return period of many investment funds are usually set at 3-5 years, that the first two years into the delivery, the first profit for the period of three years after the ship, this model often in violation of the law of the art market, art market healthy development and greater investor harm.) above, and so are the Chinese art market in the past often the case, the side shows Chinese art market is still the primary stage, which will appear strange variety of puzzling phenomena of the market, but on the other allows the art-loving people there want to correct a huge collection of space and opportunities.

Expected in 2011, the Chinese art market as the world financial crisis will lead to a more prosperous end of the decade, the rapid rise in Chinese art for more than promote a number of factors still exist for some time, but speculation in violation of the law of the market will gradually regulation ended in failure. Chinese art market will mature in the direction towards a more vigorous development of health, in addition to rejuvenating the Chinese government made a strong culture driven by a significant shift in the Chinese way of life is the most fundamental driving force, that is the Chinese people from seeking food and clothing - material enjoyment, getting into a higher level of lifestyle, health and happiness, and that the pursuit of spiritual and cultural areas to enjoy. Historical trend of a fundamental quality of art will make China a steady increase in the next decade, eventually returned to China in the history of gold high history to regain the glory.

Here, we repeat: the real value of artists, over again do not care about age, seniority and position but rather the work itself. That works must have the properties of The Sound of Music, with open cases Leekpai distinctive artistic style, and advanced skill and creative skills is the author of rigorous effort to make. Ancient works of art through the ages can Toil are a true element of modern works can stand the test of time is also true. At the same time to point out that all are bound to have a moving masterpiece of charm, believe their own eyes and make reference to the above criteria will enjoy very own collection of fun, and get the next golden years fruitful.


Guo Hao full 2011.5.
(International Collectors Association president. Wan Fung Art Gallery, Chairman)

 

 

**IMPORTANT: This article has been translated into English with use of Google Translate. If there is any inconsistency or ambiguity between the Chinese version and the English version, the Chinese version shall prevail.

 

 

 

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