Xiamen FTZ launches bonded sharing art platform

The Xiamen Free Trade Zone launches its first bonded sharing art platform. [Photo/xmnn.cn]

Xiamen Free Trade Zone recently launched a bonded sharing art platform, the first one of its kind in Fujian province, local media reported.

The Blanc Sharing Bonded Art Platform will serve as a communication and trading place for artists, collectors and art institutions from home and abroad based on the Xiamen bonded area's preferential policies.

Deng Xiaohong, founder of the platform, said at the launching ceremony that members of the platform just pay a certain fee to enjoy a series of services, including bonded storage, bonded auctions, and exhibitions.

At present, the platform has attracted more than 30 art institutions, including some from Taiwan, Hong Kong and Kyoto, Japan.

As of the end of August this year, the FTZ was home to more than 1,300 cultural companies with a total registered capital of 7.3 billion yuan ($1.05 billion), according to Chen Min, deputy director of the Xiamen FTZ management committee.

The National Cultural Export Base was licensed to the Xiamen FTZ by China's Ministry of Commerce this June.

Chen said that the FTZ will establish a group of cultural industry parks based on five sectors, including artwork, creative design, film and television, new media as well as press and publication and nurture cultural companies with international competitiveness.

As an important part of the launching ceremony, a bonded art expo gathering top artworks around the world, the first of its kind in China, and a China-Germany Contemporary Art Exhibition were held on the same day.