A Comparative Study On The Development Of China And Western Art Finance

The research direction of the subject dissertation is based on the current development of China and Western Art Finance.Through comparative research methods,a thorough analysis of similarities and differences on the processes on the development of Art Finance amongst countries including China,United States of America,United Kingdom etc is completed.The vision of the research is to provide innovative inspirations for the Chinese National Art Finance and to explore the opportunities for communication platforms in the global art industries.Based on the above-mentioned directions,the Introduction of the thesis explored the background and origins of the Art Finance,outlined the objections and definitions,and briefed on the analytical framework and innovations on the research.Moreover,taking into considerations of the definitions and relationships between global Art Finance,Art Industry and Finance Industry,and Industries Finance,the research on the features of Chinese Art Finance was done and the relevant issues and findings were discussed.In addition,the crucial elements of the comparative study methodology and the existing National and International research achievements were outlined.In the main body of the thesis,firstly,the current development of the Art Market supported by China and Western Art Finance Industry systems was outlined,the processes of establishments of the National and International Art Finance was highlighted,and a comparative study on the features of the systems where China and Western Art Finance functions was accomplished.Secondly,through the analysis of the diversified supporting systems of China and Western Art Finance,a comprehensive comparative study on the driving forces behind Art Funds,Art Banking,Art Insurance,Securitization of Artworks,and Art Finance in "Platform + Internet"era was completed.Thirdly,case studies from National and International levels are compared to illustrate the foundations of management systems,and with the use of infographics,the core differences of the various businesses structures of China and Western Art Finance are discovered and discussed.Finally,through the comparative study of the management systems of China and Western Art Finance,a comprehensive research on the various government policies,existing problems of the management systems,and the variations in the building of management frameworks,invaluable revelations on the management frameworks of Western Art Finance are revealed for the better development of the Art Finance in China.