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Recently, it was revealed that Ma Weidu, a well-known figure in the Chinese art world, has donated his private museum after running it for 15 years. The museum is now under the management of the Communist Party, not his son. As a reporter, I find it truly inspiring to pay tribute to someone like Ma Weidu. Although he is famous for his vast collection, he doesn’t view his current holdings as something extraordinary or particularly significant.
Ma Weidu shared his thoughts on the current art market: "With an unstable stock market and limited real estate opportunities, investing in art has become a new growth area. However, I don’t believe this trend is driven by widespread cultural enthusiasm. It's more about investment strategies. This isn't true collecting—it’s more of a financial move. China’s national strength doesn’t quite match the high prices seen in the global art market. For example, a Qianlong-era blue-and-white vase with a fish pattern recently sold for 5.5 billion yuan, nearly reaching the price of the most expensive artworks in the world. I bought a similar piece at Liulichang Market in 1987 for over 400,000 yuan, which is now worth over 1,000 times more. Unlike real estate, which is a basic need, art is not essential. There's a saying that when you have money, art is the last thing you buy; when you're short on cash, it's the first to go. I don’t encourage people to invest in art carelessly. Instead, I focus on improving people's cultural awareness and the maturity of their consumption habits."
When asked about his own journey, Ma Weidu explained that he started collecting when few around him even had an interest in it. Over more than two decades, he not only built up a remarkable collection but also accumulated substantial wealth. He reflected on his experience, comparing collecting to stock trading: "I try to think ahead and see where things are heading. When the big picture becomes clear, many smaller issues tend to resolve themselves naturally."
Ma Weidu also emphasized the importance of personal taste over trends. He pointed out that while collecting has always been a personal passion, it should not be reduced to just a tool for making money. "From ancient times to today, collecting is a hobby, not a business. We shouldn’t blindly follow trends or treat it as a way to make quick profits," he said. His insights reflect a deep understanding of both art and life.
The firm has actually been back to back detailed in "TOP 500 Import & Export Companies" in China.
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