Confidence! With the full blessing of the state, the art market in 2024 is surging!

Mondo Collection Updated on 2024-02-23

In recent years,The Chinese art market is booming, not only rapidly growing in scale, but also inQuality and varietyhas made significant progress and thus entered the important stage of the global art market. This remarkable progress is inseparable from the strong support of the ** sector for the cultural industry, and they have adopted a series ofPolicy inclination and financial support, which laid a solid foundation for the prosperity of the art market.

And with the continuous improvement of people's living standards, people's incomes and tastes are also steadily improving, which further promotesThe collection community continues to grow。Today, there are many people who collect objects that are more than 50 years old, and with the rise of different income groups, they are also represented in their collection choicesDiversificationtrends.

In the future, with the rapid development and in-depth application of science and technologyScientific and technological means for the identification and protection of works of artIt will also continue to upgrade and improve to provide investors with more comprehensive and accurate protection and support, and further promote the Chinese art market towards a more brilliant future.

1. The rise of the art market

In recent years, the Chinese art market has shown rapid growthGrowth momentum。Compared to financial assets, ** and real estate, art has shown more impressive results in the past five to ten years.

This remarkable growth is closely related to the rapid development of China's economy. With the significant improvement of the quality of national life, people's pursuit of spiritual and cultural life is also increasingArt has become one of the important mediums for them to pursue a high quality of lifeIt can be said that the prosperity of the art market not only reflects the vigorous development of China's economy, but also reflects people's desire forSpiritual and cultural lifeof desire and pursuit.

The expansion of the collection group and the diversification of the collection selection mean that the collection market is gradually enteringStratification and plate-makingIn this new stage, each income bracket has its own unique collecting preferences and tendencies, which undoubtedly injects more into the art marketVitality and potential

Second, the affluent class has increased their attention to artworks

According to the data, China's millionaires have invested 17% of their assets in areas such as jewelry, luxury goods and art in search of moreDiversified and valuable investment options。Among them,Up to 182%This proportion not only shows the growing enthusiasm of the wealthy class for investing in artworks, but also reflects their recognition and pursuit of artistic value.

With the continuous development and improvement of the art market, it is believed that this trend will continue to strengthen in the future, injecting more resources and impetus into the creation, protection and inheritance of artworks.

3. Support for the art market

In order to promote the vigorous development of the art market, a series of policy measures have also been introduced.

On the one hand, **significantThe support for the cultural industry has been strengthenedIt not only provides financial support, but also encourages enterprises to actively invest in the cultural sector through policy guidance, further enriching the supply of the art market.

On the other hand, **alsoThe protection of cultural relics and cultural heritage has been strengthenedThis not only helps to maintain the value of artworks, but also provides a solid guarantee for the stable and healthy development of the art market. The introduction of these policies has undoubtedly injected a strong impetus into the future development of the art market.

The 2023 Christie's Hong Kong Autumn Auction Tianmin Building Special Auction Hall was crowded with collectors and connoisseurs.

According to **,In 2024The art market is about to reach anotherPeak period, which will attract a large influx of social funds. For investors with a keen investment vision, the art treasures and ordinary artworks they purchased during the market trough may achieve dozens of times or even higher appreciation in the future. Especially those selected works of artIts appreciation potential is even more impressive, at least several times. Even some ordinary works of art can gradually appreciate in value over time, bringing stable returns to investors.

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