TEFAF Art Symposium | The TEFAF Art Market Report: The Chinese Art Market to be launched at TEFAF Maastricht 2019

  • Image courtesy of Mark Niedermann

    Image courtesy of Mark Niedermann

China forms the subject of this year’s TEFAF Art Market Report, which will be launched on March 15th at TEFAF Maastricht, which runs from 16-24 March. Entitled TEFAF Art Market Report: The Chinese Art Market, the new report has been written by Kejia Wu, Professor at Sotheby’s Institute New York and Columnist for FTChinese. The report will be downloadable from the TEFAF website from 10am CET on Friday 15th March.

The report will be launched at the TEFAF Art Symposium with a presentation by Kejia Wu. This will be followed by an interview with Kou Qin, President and CEO of Guardian Investment Holdings Co. Ltd and General Manager of Guardian Art Centre and a panel discussion Collectors and Collecting: The Landscape of the Art Market in China, moderated by Thomas Marks, Editor of Apollo. TEFAF is delighted that the eminent collector, Liu Gang has agreed to join the panel discussion.

The art market in China has achieved extraordinary growth over a 30-year period to become the second largest market in the world. Its two largest local auction houses, Poly Auctions (launched from 2003 to 2005) and China Guardian (founded in 1993) are now ranked as the third and fourth largest auction houses globally after Christie’s and Sotheby’s.

This report, through in-depth research and conversations with key market players, aims to elucidate this phenomenon by presenting an historical review of how art commerce in China started in the modern era and eventually developed and evolved into the market we recognize today. The report includes a survey with leading art collectors in China to show why they collect, what they are collecting, and what they plan to collect in the future.

This report is broken down into five chapters:

Chapter One provides an overview of the Chinese art market.

Chapter Two describes how the art market emerged after the Cultural Revolution (1966-1976) and evolved through the decades in different stages.

Chapter Three presents a survey of top art collectors and museum owners on their collecting behaviors and plans for their private museums.

Chapter Four offers an outlook on the market based on conversations with market makers and market participants.

Chapter Five provides in-depth interviews with key market players including their observations on how the market grew over the past decades and where the market is trending towards in the future.

The report will be launched at the TEFAF Art Symposium with a presentation by Kejia Wu. This will be followed by an interview with Kou Qin, President and CEO of Guardian Investment Holdings Co. Ltd and General Manager of Guardian Art Centre and a panel discussion Collectors and Collecting: The Landscape of the Art Market in China, moderated by Thomas Marks, Editor of Apollo. TEFAF is delighted that the eminent collector, Liu Gang has agreed to 2 join the panel discussion. The TEFAF Art Symposium will take place at the MECC, Maastricht at 10am on 15th March 2018. Registration for the Symposium is via the store tab at TEFAF.com.

Although the market in China is the second largest in the world, the understanding of it still remains limited’, says Patrick van Maris, CEO of TEFAF, ‘the historic overview and the collector and industry interviews contained within the report give context to this fast maturing market.’

The TEFAF Art Market Report: The Chinese Art Market will be the second in the current series of focus reports to be published as a digital document that is accessible on mobile devices and desktops as well as being downloadable as a PDF that is ready to print. The digital format provides the ability to read the report in a linear and non-linear way, with related content, expert opinions and glossary terms presented around the reading experience. The long-term intention is to build an online library that forms an easily accessible central resource of research and market intelligence that is hosted on the TEFAF website.