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Xiamen Int'l Art & Finance Trading Centre starts construction

Date: 2012-12-29

As one key project of the culture industry in Xiamen, the construction of Xiamen International Art & Finance Trading Centre began in Huli District on 27th December.

With a building area of around 100,000 square metres, the Xiamen International Art & Finance Trading Centre is scheduled to complete construction and begin operation in 2015, boasting an estimated investment of RMB1.5 billion, according to its chief investor, Beijing Huachen Auctions Co, a famous auction house specializing in a wide range of Chinese antiques and fine art in China.

The Xiamen International Art & Finance Trading Centre which marries art and financial trade, incorporating art display, appraisal, trading, collection, repair, auction and logistics in one place, will be the first one of its kind in China upon its completion, according to Gan Xuejun, chairman of Beijing Huachen Auctions Co.

Following Beijing and Shanghai, Xiamen will be another huge art market in China by that time, said Gan Xuejun.