Date of Award

2019

Document Type

Thesis - Open Access

Degree Name

Master of Arts (MA)

Department

Art Business

First Advisor

Zhang Rui

Abstract

After Chinese Culture Revolution, the brand new chapter was approaching which opened for the modern Chinese art history; Chinese contemporary art has been deepened understanding by the art market. In the context of an emerging market, art is as much a matter of cultural economy as socio-politics. Thus the thesis will focus on the challenges facing the market and how tradition and economics providing the framework for the sustainability of art market. It will present a historical overview of emergence of Chinese contemporary art the period of 2000 to 2015 and expose the unbreakable bind between the development of its contemporary art and government policies, law, and society in China.

As one of the most important and largest emerging art markets, what are the key trends in the Chinese art market from 2006 to 2011? This question serves as the main research question that guides throughout this research. To answer this question, research at three levels is unfolded, with regards to the functioning of the Chinese art market, the geographical shift from west to east, and the market performance of contemporary Chinese art. As the most vibrant art category, contemporary Chinese art is chosen as the focal art sector in the empirical part since its transaction cover both the Western and Eastern art market and it really took off at secondary art market since 2006, in line with the booming period of the Chinese art market.

This study penetrates through the thriving scene of the Chinese art market, fills part of the gap by presenting an in-depth analysis of its market structure, and depicts the route of development. To explore what the future of Chinese contemporary art from the market point of view and on the challenges facing the market.

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