1970-01-01 08:33:27
Chinanews, Beijing, July 3 - According to an investigation conducted by the Beijing Municipal Cultural Heritages Administration, more than 90% of antiques in Beijing market are forgeries. Thus it requires professional knowledge to make investment on antiques in China. Some cheaters even pretend to be antique experts to make money.
Nowadays, antique collection has become one of the most important investment targets in China, only after stocks and real estates. It is said there are 70 million antique collectors in China, nearly 6% of the country’s total population. The trade volume of antiques in the country even hits 20 billion yuan every year, and the figure will grow by 10% - 20% every year. It can be estimated that antique collection will be more and more popular.
Improved living standard and educational level have contributed a great deal to the popularity of antique collection, not to mention that investment on antiques can be also very profitable. However, experts still strongly recommend that the general public should take antique collection as a hobby, as it calls for much more knowledge and experience to make investment on antiques.
The government is working hard to compose regulations on the antique market, when the problems of fake antiques and fake experts will cease to be a headache for Chinese collectors.
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