Boat China & Water Sports Expo 2013 E-newsletter
Date: May 10-12, 2013
Venue: China Import & Export Fair Pazhou
China has a mainland coastline and an island coastline of 18 thousand kilometers and 14 thousand kilometers respectively. The sea areas under the jurisdiction of the PRC reach 3 million km2. The vast and diversified water area definitely provides favorable natural condition for the development of yacht industry in China. The developed area is concentrated mainly in the southeast of China, where there are abundant water resources such as inland rivers, lakes and offshore waters. The GDP per capita in coastal developed provinces like Guangdong achieved USD7000, and that in first-tier cities such as Beijing, Guangzhou, Shanghai, has reached USD10000, which all exceeded the threshold for rapid growth of yacht consumption.
Currently, yacht manufacturing industry is still in the initial stage of development, international yacht brands dominate the medium and high-end yacht market in China, most of the Chinese enterprises focus on medium and low-end yacht market. On the premise of long-term rapid economic development in China, market size of China yacht industry has presented significant enlarging trend. In particular, with the rapid development of large private yacht market, Chinese Government paid great attention to developing Yacht industry economy. The first China Boat Show at a national levelBoat China & Water Sports Expo 2013 (Boat China 2013 for short) settles in Guangzhou .Pazhou Complex, emerge at a historic moment.
