Four well-known enterprises in the auction field of artworks, namely Sotheby's, China Guardian, Levy Gorvy and Shanghai Bocheng, will develop in the Waigaoqiao Bonded Area after signing agreements with the Pudong New Area on June 1.

The four companies will enter the Shanghai International Antiques and Fine Art Bonded Service  in Waigaoqiao, which provides comprehensive support and services by various government departments such as customs, cultural relics, foreign exchange, etc., and can also offer one-stop whole industry chain services for the import and export of various cultural relics and artworks.

Besides they inked agreements with Shanghai FTZ International Culture Investment and Development Co Ltd, an enterprise involved in cultural industry development affiliated to Waigaoqiao Group, to deepen cooperation in the field of cultural relics and artwork transaction services, consulting agents, exhibition activities, etc.