Wu Guanzhong's Art Market Research

Wu Guanzhong(1919-2010)is an influential and outstanding artist and art educator in the 20th century and the banner of the development of Chinese modern art.Wu Guanzhong's artist creation devotes to the exploration of nationalization of oil painting and modernization of Chinese painting,opening up the innovation road of transcending the traditional procedure and integrating the diversified development of Chinese and Western art.Not only did he create a large number of oil painting and ink paintings with contemporary characteristics and personal styles,but also he was active in the Chinese painting circle as a critic and he puts forward "the beauty of form" and "the beauty of ion",which is of great important to the construction of Chinese art theory.Wu Guanzhong's works began to be highly sought in the market since 1980s,which broke the auction record repeatedly,created art myth and achieved the remarkable achievements.This paper analyzes the Wu Guanzhong's research objects from the prospective of art finance.The research objects are art,art works,market analysis,gallery collectors,time background,revealing the formation of art market and the reason of the high auction price.This paper can be divided into four parts:?Firstly,it combs Wu Guanzhong's art course and analyze the distinct style of his works.By sorting out the development of his art market,the paper analyzes the basic form of the market and discusses Wu Guanzhong's current market's situation.?This paper analyzes respectively the market's situation of ink,oil and watercolcr works.?The paper also expounds that the successful of Wu Guanzhong's successful art market is the result of the interaction of multiple factors such as the publicity of the gallery collectors and artists.? This paper also analyzes the influence of social background on Wu Guanzhong's art market's formation.