At the press conference held by the Ministry of Culture, Min Zuhai, deputy director of the Cultural Market Department of the Ministry of Culture, said that the cultural department is studying the drafting of the Regulations on the Management of the Art Market, but progress has been slow.
It is reported that the cultural department is studying and drafting the “Regulations on the Management of Art Markets†and plans to establish market access and qualification management systems, artwork brokerage systems, evaluation and appraisal systems that meet the development requirements of the art market, and strengthen communication with relevant management departments. Coordinate and submit the draft to the Legal Affairs Office of the State Council for review as soon as possible. At the same time, it will increase the crackdown on counterfeiting and counterfeiting and purify the market operating environment.
Zhai Zuhai said that the drafting of the "Regulations on the Administration of Art Markets" is a key point in the legislation of the cultural market, but progress has been slow. One of the major problems is the relatively low level of development of the art market and the complexity of the art market itself. This has led to a gap in understanding of some of the core issues in the development of the art market.
Zhai Zuhai said that in 2011 China's art market totaled approximately RMB 195 billion, ranking first in the world. The scale of art market transactions has been large, but why is it that its market form is not fully developed and is still very low? This is because the main form of the current art market in China is embodied in auction transactions. This is a high-end transaction. From the international perspective, galleries as primary markets have not been given full play. In particular, the agency mechanism of gallery artists has not been able to fully regulate, and this has affected the rational development of the art market. This leads to the subject of market transactions, the rules of market transactions, and market trading mechanisms. It is also difficult to form and regulate them. It is the imperfection of this market that also affects how we define and establish our future in the construction of laws and regulations. Reasonable market structure.
The second aspect is that some outstanding issues in the art market are more professional and complex. Including the identification, valuation of art, the brokerage system for artworks, and so on, we have set up special issues for the art market this year and have commissioned professional agencies in the relevant legal and art markets to address these issues. Special studies provide professional advice and advice in this area for the legislative work.
According to Zhai Zuhai, the recently launched legal campaign week for the art market is just a matter of two aspects. Let us know that the lack of legal norms has become a bottleneck in the development of the art market, so we need to accelerate the promotion of the art market. . Through propaganda activities, it is necessary to form a theoretical and professional consensus for the industry and society to solve some of the outstanding and complex issues in the art market, so as to provide a support for the construction of legal norms in the art market.
It is reported that the cultural department is studying and drafting the “Regulations on the Management of Art Markets†and plans to establish market access and qualification management systems, artwork brokerage systems, evaluation and appraisal systems that meet the development requirements of the art market, and strengthen communication with relevant management departments. Coordinate and submit the draft to the Legal Affairs Office of the State Council for review as soon as possible. At the same time, it will increase the crackdown on counterfeiting and counterfeiting and purify the market operating environment.
Zhai Zuhai said that the drafting of the "Regulations on the Administration of Art Markets" is a key point in the legislation of the cultural market, but progress has been slow. One of the major problems is the relatively low level of development of the art market and the complexity of the art market itself. This has led to a gap in understanding of some of the core issues in the development of the art market.
Zhai Zuhai said that in 2011 China's art market totaled approximately RMB 195 billion, ranking first in the world. The scale of art market transactions has been large, but why is it that its market form is not fully developed and is still very low? This is because the main form of the current art market in China is embodied in auction transactions. This is a high-end transaction. From the international perspective, galleries as primary markets have not been given full play. In particular, the agency mechanism of gallery artists has not been able to fully regulate, and this has affected the rational development of the art market. This leads to the subject of market transactions, the rules of market transactions, and market trading mechanisms. It is also difficult to form and regulate them. It is the imperfection of this market that also affects how we define and establish our future in the construction of laws and regulations. Reasonable market structure.
The second aspect is that some outstanding issues in the art market are more professional and complex. Including the identification, valuation of art, the brokerage system for artworks, and so on, we have set up special issues for the art market this year and have commissioned professional agencies in the relevant legal and art markets to address these issues. Special studies provide professional advice and advice in this area for the legislative work.
According to Zhai Zuhai, the recently launched legal campaign week for the art market is just a matter of two aspects. Let us know that the lack of legal norms has become a bottleneck in the development of the art market, so we need to accelerate the promotion of the art market. . Through propaganda activities, it is necessary to form a theoretical and professional consensus for the industry and society to solve some of the outstanding and complex issues in the art market, so as to provide a support for the construction of legal norms in the art market.
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