The yacht-manufacturing industry in Xiamen, China, has seen $48 million in exports, accounting for almost 33 percent of the total figure in China.
But although the manufacturing sector flourishes, boating has become a “bottleneck for the whole industry in the city due to its cumbersome procedures,” WhatsOnXiamen.com quoted the Xiamen Yachting Industry Association as reporting.
China lacks integrated policies and regulations for yachting management, so boating has to conform to shipping rules.
The cumbersome procedures have put a chill on boating in the city, making the more than 200 yachts berthed in the Wuyuan Bay Yacht Dock almost docked “ornaments” year-round, according to the Xiamen Road & Bridge Yachts Development Co.
Xiamen has pushed its yacht industry forward in recent years with the use of the Xiamen Xiangshan International Yacht Club and Wuyuan Bay Yacht Dock. Now it plans to build five or six docks to drive a new wave of growth in its yacht industry.Click here for the full report.