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The future output value of China's yacht industry may reach 200 billion yuan

According to the China (Shanghai) International Yacht Show, which opened in Shanghai on the 19th, as a high-end tourism product, yachts have become a huge industry in the international market, especially in developed markets. In China, driven by strong demand and policy support, the yacht industry has also achieved rapid development. The China Shipbuilding Industry Association analyzed that the yacht industry may become a new growth point for China's economy. The industry predicts that the Chinese yacht industry, which has entered the "golden development period", may achieve a compound growth rate of more than 30% in the next few years, and the annual output value is expected to reach 200 billion yuan.

Against the backdrop of the continued economic downturn in Europe and the United States, the attractive prospects of the Chinese yacht market have attracted great attention from international yacht dealers. It is reported that the China (Shanghai) International Yacht Show, held from the 19th to the 22nd of this month, has an exhibition area of 38,000 square meters, an increase of 31% over the previous year. While many top international brands are on display, the Florida exhibition group in the United States regards this exhibition as the best choice to enter the Asian market. Italy, Australia, Japan, Spain and other countries all participated in the exhibition as national exhibition groups, "digging for gold" in the Chinese yacht market.