Xie Zhixiu, director of the Shandong Cultural Relics Bureau, said Liu's works are valuable cultural treasures.
"People can review his art life through these works created at different periods," he added.
Xie said a research center will also be established to hold regular international seminars on Liu's artistic style and the development of modernist ink painting in China.
Born in 1932, Liu is a master in combing the traditional Chinese culture with modern elements.
In 1949, Liu moved to Taiwan and became a student of the Art Department of National Taiwan Normal University two years later.
At that time, he was trained in Chinese brush-and-ink and Western painting techniques.
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