CHINA 11


Dalian Marina project built to host the 12th Chinese National Games.


PEOPLE’S REPUBLIC OF CHINA


Surface area: 9,600,000 square kilometres Population: 1.381 billion Capital city: Beijing Largest city: Shanghai


Main Language: Standard Mandarin Currency: Renminbi GDP per capita: US$7,589


Fact: China has had the largest economy in the world for most of the past 2,000 years!


growing number of large Chinese companies, who have come to appreciate that sailing is a perfect way to enhance team performance. “Sailing has become a popular outdoor team-building program for big business because it calls for a strong sense of leadership, teamwork, coping with changing conditions and a great deal of tactical expertise,” stated Hou, who has been working in the local yachting sector since 2008.


Misleading perception Xie Boyi, a member of the National Yacht Development Experts’


Committee, said: “There is a misleading perception in China that yachting is just a luxury activity for the super-rich”. That view was echoed by Liu


Dianfang, who explained, “If you look at the global yacht market, 95% of consumption is small and medium-sized vessels. More


specifically, of that figure, about 85% of the yachts are less than 11 metres in length and are worth less than 1 million yuan”. Per capita yacht ownership


remains far below Western levels. As examples, by 2008, about one in every nine people in New Zealand owned a yacht, whilst in Italy the


Yachts in marinas provide a dramtic location for photo-shoots.


figure was one in every 100. In contrast, according to a report by the China Cruise & Yacht Industry Association, only one in every 430,000 people in China had a yacht four years later.


AUGUST 2016 • MARINA ASIA-PACIFIC


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