ARCO Art Fair starts on February 15th in Madrid, Spain. After participating in Art Basel Miami Beach at the end of 2006, Beijing Poly sent several professionals in the contemporary department to participate in ARCO again. This shows Beijing Poly is committed to expand to oversea market. Beijing Poly broke the record of Chinese contemporary oil painting in the 2006 Autumn Auction with the famous artist, Liu Xiaodong¡¯s ¡°Three Gorges: Newly Displaced Population¡±, which was hammered at 22 millions RMB. ARCO Art Fair is called ¡°the important path for contemporary art going to the world¡±, and it was established in 1982. Its exhibition hall is about 30 million square meters and able to contain 200 million visitors. Every ARCO Art Fair arranges two major activities, ¡°lectures provided by famous art professionals¡± and ¡°art forum¡±. Since 1986, ARCO started membership registration program, today there has been thousands of members registered. In 2004, ARCO and The armory show in New York agree to collaborate with each other in order to attract more art lovers. Poly Auction will participate in The Armory Show in New York during February 23rd to 26th in order to promote Chinese contemporary art to the world.