Chinese,Italian JV to tap 50 bln-yuan yacht market  

2020年中国游艇市场规模将达500亿 中意联手开发

权威预测显示，到2020年中国游艇市场规模将达到500亿元人民币。当前中国中高收入阶层正在不断扩大，消费层次将提高，消费群体也会随之增加，这必将推动中国游艇市场的发展。

Beijing (CNS) -- Weichai Power, a wholly-owned subsidiary of Shandong Heavy Industry Group, has finished restructuring Italian luxury yacht-builder Ferretti, which will concentrate on China's yacht market, CNS learned Tuesday at the China Strategy Introduction Conference of Ferretti Group in Beijing.

Experts estimate that with the expansion of China's high-income group, its yacht market will reach 50 billion yuan (7.89 billion US dollars) by 2020.

The Italian yacht-maker is considering plans for a facility in Qingdao, Shandong province.