Chinese art market forecast to continue growth monmentum

Despite a cooling of real estate transactions and a widely swinging domestic stock market, passion for investing in the Chinese art market shows no sign of fading.

Both Chinese artworks and Chinese buyers are creating an upsurge in the art auction markets in China and abroad.

At a cultural industry investment forum during the seventh Cross-Straits (Xiamen) Cultural Industries Fair that opened on Oct 24 in Xiamen, Fujian province, experts from the art markets on both sides shared their thoughts and strategic suggestions on the international development of the Chinese art market.