From Nothing to Billions
No one would have imagined ten years ago that the Chinese contemporary art market would have an annual trading volume of Usd 26.63 billion in 2010. A new book entitled At Work: 25 contemporary Chinese Artists. The book profiles 25 painters, sculptors and photographers taking the reader into their studios.
Generally, it is acknowledged that Chinese Contemporary art movement emerged 1979 at the Star Art Exhibition.
After being cut off from the rest of the world, Chinese artists were thirsty for the new and exotic. So were the collectors. The new wave of 1985-1989 saw Chinese contemporary art grow up. Artists fully embraced new Western art forms such as Cubism, Expressionism and Abstract art. The top 5 artists are Wang Guangyi, Zhang Xiaogang, Fang Lijun, Yue Minjun and Zeng Fanzhi.
The media helped accelerate the process legitimizing the contemporary art scene and this led to an increasing number of artists and art districts.Beijing has more than 10 art districts whereof 798 is the most wellknown. It is estimated that over 50,000 people are directly involved in producing and selling art.