The cultural relics circulating and artworks auction markets in Beijing are such active that no less than 1000 auctions are held during recent 6 years, with the turnover amounting to more than RMB 40 billion. Cai Fuchao, deputy mayor of Beijing said, “Beijing has been the biggest distribution hub of traditional craftwork and the trade center of artworks & high-end relics. There are approximately 10 thousand pieces of looted cultural relics return every year and the number keeps increasing year by year.” “Beijing encourages and supports the auction company to combine the international operation method with traditional means on order to enhance Chinese cultural relics’ position and value, promote the return of looted relics and change the situation that Chinese cultural relics pours outside morn than inside.”

Recently, cultural relics market has become the new economic growth point in Beijing and the turnover of artworks and relics keeps soaring. Statistics form the latest data shows that Beijing has ratified 94 auction companies, such as China Guardian, Poly and Hanhai and 59 cultural relics stores.” He added.

In the future, Beijing will guides the relics market to become regulated, large-scale and diversified and attempt to make Beijing a mature and steady hub of international relics circulation and artworks trade with annual turnover morn than 100 billion.