Entering a new era, the Chinese art market has experienced multiple rounds of "opportunity" fluctuations. The first opportunity came in the mid-90s and lasted until '97. Then there was the second opportunity from 2003 to 2005, followed by the third from 2009 to 2011. So, when will the next opportunity come?
Based on domestic and international experience, the art market usually exhibits cyclical fluctuations, generally about 5 to 10 years per cycle. According to this analysis, 2009-2011 was the third period of opportunity for the Chinese art market, and five years have passed since 2013.
Therefore, we expect the art market to usher in the fourth opportunity of the Chinese art market after 2023. There are several reasons for this: national policies will continue to give good support.
At the beginning of 2016, the Ministry of Culture issued a revised Administrative Measures for the Operation of Fine Arts, which has been in effect since then, and the amendment changed the term "fine art" to "works of art". This move shows the importance and support for the art market, and will create more development opportunities for the market.
At the same time, with the continuous development of China's domestic economy and the improvement of people's living standards, people's demand for artworks is also growing. More and more people are starting to invest in art for taste and artistic pursuits. This also provides a solid foundation for the growth of the art market.
In addition, with the popularization of social networking** and the Internet, the information dissemination and trading channels of the art market have become more convenient and transparent. People can easily obtain the latest developments and transaction information of the art market, which will provide more possibilities for the prosperity and development of the market.
On January 25, 2017, the General Office of the Communist Party of China issued a guiding opinion on the implementation of the project of inheritance and development of excellent traditional Chinese culture.
The guidance emphasizes the promotion of cultural exchanges and mutual learning between China and foreign countries, and hopes to achieve the great rejuvenation of the Chinese nation by strengthening cultural exchanges and cooperation with foreign countries, innovating people-to-people exchanges, enriching the content of cultural exchanges, and continuously improving the level of cultural exchanges.
Not only the first department, but also the State Administration of Cultural Heritage also attaches great importance to cultural protection and development. Since February 2017, they have implemented the 13th Five-Year Plan for the Development of National Cultural Relics, which aims to strengthen the protection of cultural relics and take multiple measures to bring cultural relics to life. Through reform and innovation, the traditional culture will be revitalized and contribute to the rejuvenation of the nation.
China's traditional culture is receiving more and more attention and respect. Recently, **level** reported the call of the Communist Party of China to promote traditional Chinese culture and realize the great rejuvenation of the Chinese nation. This is an important opportunity and a challenge for us. We should pay more attention to the development prospects of the art industry and strive to contribute to the rejuvenation of the Chinese nation.
According to the "TEFAF 2017 Art Market Report" released by the European Art Fair (TEFAF), despite the global economic instability, the art market in 2016 still maintained a steady recovery and even showed a prosperous trend. Sales in the global art market reached $45 billion. In the future, the Chinese market will be the main engine driving the growth of art sales, as China's economy grows and the middle class rises.
To sum up, we can see that in the next few years, the Chinese art market is expected to usher in a new period of opportunity. And for the majority of investors and art lovers, this is undoubtedly a good news to look forward to.
As long as we seize the opportunity and do a good job in market research and investment planning, I believe we have the opportunity to obtain rich returns in this fast-growing market.
Let's look forward to the future art market will burst out more dazzlingly. Every stage of social development is inseparable from the inheritance and development of culture.
Author's Note:
For many people, collectibles are an investment as well as a hobby. However, many people invest a lot of money in collectibles without having enough awareness of these collectibles. This kind of blind investment and collection behavior is often easy to fall into **.
In fact, the reason why many people will be deceived is not that they don't have a certain understanding of collectibles, and they always think that their things are worth millions, or even tens of millions, and others just take advantage of your own greed and let you be fooled step by step. always wanted to get rich overnight, but it turned out that in the end, I found out that my things were not worth anything at all, and I was deceived by hundreds of thousands before I woke up. If you have a certain understanding of the collection, it is estimated that you will not be deceived.
The book "Chinese Antiques Guide" just records the identification knowledge of porcelain, calligraphy and painting, coins, etc., which can make you realize what kind of antiques are valuable, and also contains the auction knowledge of antiques, so that you can avoid some detours. The ** of this book is only a few dozen dollars, which is better than hundreds of thousands of dollars if you are fooled. If it doesn't work, feel free to comment and find me.
When it comes to collectibles investment, knowledge is the most valuable asset. Only by having an in-depth understanding of the items in your collection can you avoid the risk of being scammed.
At the same time, we should also maintain a rational attitude towards investing in collectibles, not greedy for temporary profits, but should consider from a long-term perspective.
Antiques