Exterior View, Yuz Museum
Contemporary Art

A View of Shanghai's Reinvention as Contemporary Art Hub

By Jing Zhang
Ten years ago, Beijing more than Shanghai was the obvious capital of Chinese art – home to the 798 arts district, China’s most famous studios, and institutions like the UCCA Center for Contemporary Art. However, Shanghai has long been an international touch point of East-West dialogue, and is no stranger to self reinvention and innovation. In the last five to eight years, its rise to the fore of the contemporary arts scene has been fast and most definitely furious.
art021_shanghai.png
ART021 Shanghai Contemporary Art Fair. Photo: Official Website of ART021 Shanghai Contemporary Art Fair

The groundswell is undeniable. In March this year, collector Qiao Zhibing opened the Tank Shanghai Museum – a privately-owned arts hub of more than 60,000 square meters housed in five gigantic disused oil tankers. This was the latest of many hero projects boosting Shanghai’s contemporary art profile. Then there’s the impressive 2018 Shanghai Biennale, and Photofairs which have run every September since 2014. For the past five or six Novembers, ‘Art Week’ has drawn a flood of industry insiders who travel far and wide to attend Art021, WestBund Art & Design fair, and copious satellite events. There’s wheeling, dealing, musing, networking, and plenty of parties. In the midst of the perpetual clinking of champagne glasses, Shanghai feels electric.

The city’s art boom did not occur by pure happenstance. The government had set an initiative to extend Shanghai from glossy commercial cityscape to a cultural, creative heavyweight. For example, the Power Station of Art is China’s first state-run contemporary art museum, opened in 2012 and has over 440,000 square feet of space. Often likened to the Tate Modern, it also hosts the Shanghai Biennale.

Interior View, Long Museum West Bund
Interior View of Long Museum West Bund

Also significant is the relatively new and flourishing WestBund Art District, a former industrial site that’s now fertile ground for sprouting new galleries and major museums, collectively sprawled leisurely along the Huangpu River. The WestBund waterfront is home to Tank, Yuz Museum, Long Museum, the Shanghai Center of Photography, ShanghART Gallery and Edouard Malingue Gallery. Dynamic institutions, both private and state run, have quickly emerged in the last five to eight years, with Chinese billionaires playing a pivotal role in funding the projects.

“If we look at the WestBund as a test case for the developing arts scene and market in Shanghai, there’s highly competent government officials and bureaucrats who have done extensive research and seem to be executing a coherent strategy versus in other cities. The efforts in Beijing and other Chinese cities seems less co-ordinated than in Shanghai.”
- Liu Heung Shing, founder of the Shanghai Centre of Photography on the WestBund

Despite the impressive speed and scale of its art boom, Shanghai still has a ways to go to catch up to competitor cities like Hong Kong and Singapore, which were earlier to the game. But always quick to adapt, this October the city opened the new Shanghai International Artwork Trade Center, which specifically aims to smooth out the wrinkles of the local art sales system and encourage more trade.

Interior View, Yuz Museum
Interior View of Yuz Museum

The stakes are high in the city’s ambitions as a rising arts hub. Massive permanent venues have redefined a new skyline. Shanghai’s November ‘Art Week’ is already a key event on the Asia’s arts calendar, and that will not change anytime soon. Tastes are moving from art that is solidly commercial to the more experimental, a sign of a maturing market. Growth will remain steady as public curiosity for the arts flourishes, while patrons and new collectors continue to emerge in China.

Stay informed with Sotheby’s top stories, videos & news.
Receive the best from Sotheby’s delivered to your inbox.

By subscribing you are agreeing to Sotheby’s Privacy Policy. You can unsubscribe from Sotheby’s emails at any time by clicking the “Manage your Subscriptions” link in any of your emails.

More from Sotheby's

We use our own and third party cookies to enable you to navigate around our Site, use its features and engage on social media, and to allow us to perform analytics, remember your preferences, provide services that you have requested and produce content and advertisements tailored to your interests, both on our Site as well as others. For more information, or to learn how to change your cookie or marketing preferences, please see our updated Privacy Policy & Cookie Policy.

Close