Like many luxury businesses in China, the explosion of buyers for art here has been fueled by the pent-up consumerism of the newly rich. The demand is so great that last year, in a country that barely had an art market two decades ago, reported auction revenues were up 900 percent over 2003 — to $8.9 billion. (The United States auction market for 2012 was $8.1 billion.)
While the luxury-buying habits in China often mimic those in the West, the demand for art reflects uniquely Chinese tastes. While the rest of the world bids up Pollocks and Rothkos, Chinese buyers typically pursue traditional Chinese pieces, some by 15th-century masters, and others by modern artists, like Zhang Daqian, one of many who have chosen to work in that old style.
For this month of November the famous Shanghai Art Fair 2013 (17th), as Aisa’s celebrated art exchange with long history and high internationalization degree, will be grandly held from Nov.14-17 at ShanghaiMART. Continuing the scale as before, presenting domestic and overseas collectors a gorgeous art event in Shanghai as well.
Shanghai Art Fair, established in 1997, has been successfully held under the support of Saulterretimized art event, which not only bridged the gap between worldwide and Shanghai, public and art, but also shaped a paradigm for the domestic art fairs.
More than 1,000 art galleries, organizations, agencies from over 50 countries and areas participated in this lively art exchange during the past dozen years. Many original artworks from the world-class masters, such as Picasso, Rembrandt, Chagall, Dali, Renoir, Monet, Zhu Dequn, Qi Baishi, Xu Beihong, Zhang Daqian, made the debut in China or Asia through the great stage established by Shanghai Art Fair.