The Fine Art Beijing exposition, a spin-off of the established Art Beijing exhibition, ends its three-day run in the Beijing Agricultural Exhibition Centre on Monday.

Important statistics such as volume of trading and number of visitors - normally important indicators of the success of an exhibition, are yet to be published for the debut of Fine Art Beijing.

"Given the ongoing financial crisis, it's not a profitable business. But the event is mainly aimed at increasing the influence of classical art and laying a foundation for its market," stressed Dong Mengyang, the chief executive of Art Beijing.

The fundamental function of the exhibition is to educate the public on the concept of classical art, including art history, influential artists in the field and their representative works, said Zhao Li, the art director of Art Beijing.

The Fine Art Beijing exhibition has attracted 30 galleries and exhibitors from both home and abroad. More than 400 pieces of art, featuring a range of oil paintings, ink and wash paintings, printmaking and watercolors, are on display, including works from such renowned contemporary artists as Wang Yidong, Lv Jia, and the late Chen Yifei.

As a leading force and an established trademark in China's art market, Art Beijing contemporary art exhibition has run annually since 2006. In addition to the new Fine Art Beijing exhibition, Photo Beijing and Design Beijing exhibitions have already been held under its name.