Shanghai, November 9th (Reporter Wang Ji) The 5th Shanghai International Art Trading Week, with the theme of "Global Art Fair · Art Shanghai", kicked off on the 9th in Shanghai. It will hold more than 100 exhibition transactions and more than 30 art auctions, bringing together more than 250 domestic and foreign art institutions, with an estimated value of over 10 billion yuan. As one of the important projects of this trading week, the 10th West Coast Art and Design Expo (hereinafter referred to as the "West Coast Art Expo") opened on the same day, attracting 185 exhibitors, with the highest number of exhibitors and exhibition area in history. Among them, the proportion of overseas galleries reaches 50%, and the number of top galleries exceeds 30. As one of the most influential art exhibitions in Asia, this West Bank Art Expo has welcomed 54 galleries participating for the first time, all over South Korea, France, the United States, Germany, Türkiye, the Netherlands, Spain and other countries and regions, which has injected a new global vision into it. On November 9th, the 11th ART021 Shanghai 21 Contemporary Art Expo returned to the Shanghai Exhibition Center. The 11th ART021 Shanghai 21 Contemporary Art Expo (hereinafter referred to as "ART021") was also held simultaneously, with nearly 10000 contemporary art masterpieces brought by 150 Chinese and foreign galleries, presenting an increasingly active artistic landscape and international exchange enthusiasm. Art institutions from around the world have a strong belief in the strength of Chinese collectors, which is a signal of great confidence for us. "Zhou Dawei, co-founder of ART021, said in an interview with a reporter from China News Network that the artworks exhibited at ART021 this year are very diverse, covering various media and styles." I think this is a good thing because art is inherently diverse and should be appreciated and collected by more people, This trading week aims to strengthen the four key art consumption gathering areas of "Art West Coast", "Art Bund", "Art Su River", and "Art Free Trade", and create a "Shanghai landmark" for the "Global Art Theater". Among them, the "Art West Coast" focuses on building a comprehensive cultural and art industry ecosystem, showcasing a cultural and art carnival on the 6.2 kilometer long Art Museum Avenue; The "Art Bund" organized 58 high-quality exhibitions in 32 venues within the Bund International Art Festival area; Art Su River "is committed to creating the" Art Ecological Highland "of Su River Bay, highlighting a more maritime style commercial and cultural characteristics; The "Art Free Trade" aims to create the world's largest and best hardware facility art bonded comprehensive service body, providing convenient and efficient inbound and outbound services for overseas art display transactions. According to statistics, in 2022, the trading scale of the Shanghai cultural relics and artworks market reached 12.853 billion yuan, an increase of 44% compared to 2019; The total import and export of cultural relics and artworks reached 10.276 billion yuan, an increase of 61% compared to 2019. (New News Agency)