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Shanghai International Antique and Artwork Trade Center holds first auction
Updated: Dec 28, 2023
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The 2023 Hosane Autumn Auction was held at Shanghai Tower in Lujiazui, Pudong New Area from Dec 24 to 25.
This was the first auction event organized by the Shanghai International Artwork Trade Center and Shanghai International Antique Trade Center.
It also marked the first large-scale antique and artwork auction held in Pudong. The hosting of this auction signifies the successful implementation of the "Pudong Model" for cultural relics and art trading.
The auction showcased 530 antiques and artworks and had a transaction amount of more than 20 million yuan ($2.8 million).
Pudong is striving to establish an antique and artwork exhibition and trading center by leveraging the Shanghai Free Trade Zone's services for the import and export of antiques and artworks, as well as the hardware advantages of the Shanghai Center.
This initiative aims to further amplify the combined effects of Pudong's policy advantages as a leading zone and its comprehensive social reform pilot for antiques and artworks.
