Yacht industry targets Chinese wealthy
By Zhang Chunyan | China Daily | Updated: 2011-09-23 07:48
|
Yachts in Qingdao, Shandong province. According to the 2010 Hurun Wealth Report, there are at least 875,000 millionaires on the Chinese mainland, and half have indicated they intend to purchase a private yacht. Nelson Ching / Bloomberg |
MONACO - China's yacht market is small at present, but it will grow bigger in the coming years, industry insiders said.
Photo
