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China vows to regulate forgery-filled relics market


08:37, March 29, 2012

BEIJING, March 28 (Xinhua) -- State Administration of Cultural Heritage (SACH) is highly concerned with chaotic cultural relics market in China, an SACH official said Wednesday, vowing to intensify supervision and management.

Li Yaoshen, head of the policy and regulation bureau under the administration, noted that some auction groups, although knowing certain auction items are fake, took the advantage of laws and regulations in order to lure buyers to drive up the prices.

The country's current Auction Law stipulates that auction groups and clients cannot be held responsible for failed quality guarantee if they claim beforehand that the quality and authenticity of certain auction items cannot be ensured.

Meanwhile, Li noted that some relics sellers do not have business certificates and various cheating methods can be employed in market trading.

A recent case involved a jade furniture set -- a dresser and a stool -- claimed to date back to the Han Dynasty (206 BC-220 AD).

After being sold at auction for 220 million yuan (34.87 million U.S. dollars) last year, an Internet user wrote a post alleging the jade wares were counterfeit and made by a craftsman surnamed Zhao in Jiangsu province, and said the true value was about 500,000 yuan.

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