The four-day China (Xiamen) International Boat Show 2011 has successfully closed. The Show has altogether attracted 157 enterprises to attend, increasing by 17% compared with that of last year, among which, there are 27 foreign exhibitors from Italy, France, Australia, Thailand, Taiwan, Hong Kong, etc., increasing by 23% compared with that of last year. More than 200 yachts, including 88 yachts onshore and over 130 yachts on-water, have been exhibited at Wuyuan Bay. The scale is really unprecedented.
China (Xiamen) Int Boat Show 2011
The Show also held a great number of supporting activities, such as the First Entrepreneur Sailing Boat Competition of China, Yacht Baby Contest, Yacht Photography Competition, Yacht Trial and On-site Show of Luxury Cars and Helicopters. More than ten thousand people have been attracted and the potential clients surpass one thousand. [Please remember, this is a Press Release… Ed]. As the first closed show adopting on-site ticket sales, it is proved to be a great success.
The entire quality and turnover of the Show have been greatly improved under the careful arrangement and organization of the organizing committee for potential buyers. According to the incomplete statistics of the organizing committee, there were 32 boats being transacted (including six boats over 60-foot, four 50-59-foot boats, three 40-49-foot boats and 19 boats under 40-foot), increasing by 40% compared with that of last year and hitting a new high. The turnover of the already confirmed contracts of intention reaches up to RMB 600m.
Besides, the first domestic yacht supermarket (Roads & Bridges Wuyuan Bay Yacht Supermarket) also generated powerful effect during the Show, with which seven motorboats and four rubber boats were successfully sold. We are expecting more distributors who own the boats up to RMB 300 million to join the market.
China (Xiamen) International Boat Show 2011 is renowned domestically and oversea for its unique real boat exhibition on land and water. It has become the first genuine on-water boat show in China seen from its continuously improving scale, quality and achievements.
C(X)IBS 2012 will be held 2-5 November at Xiamen Marina again. We are looking forward to seeing you in Xiamen.
Like it says above, remember this is a press release, so you are advised to treat the hyperbole with caution, especially as it comes from a media culture with less than impressive credentials. However, we have received additional comments from people who know perfectly well what they are talking about.
The attendance figures may be a little optimistic, but the Xiamen Show was definitely the biggest and best-attended to date. 'Significantly larger than in previous years,' said our correspondent. The organisation was good, Wuyuan Bay really is a first class place to have a boat show, Xiamen is a delightful city, and the early November weather was just right.
Exhibitors were generally bullish, and expect the Xiamen show to grow. It is likely is likely destined to become one of China's, if not one of Asia's, major boat/yacht shows. Yes, there were serious buyers there in numbers, and boats were sold.
On the other hand, we are hearing increasing complaints regarding China's lack of recreational craft standards and myriad regulations which render boat and yacht registration difficult and costly. One local yacht broker commented, 'Interest is increasing quickly, but the country urgently needs unified standards such as Europe's Recreational Craft Directive, or those from American Boat and Yacht Council. And the country also needs a simplified nationwide registration system.' The same broker added, 'Despite those difficulties, we'll be here again next year.'
This thing about regulations is more important than most people realise - you buy your dream boat and find a mooring, only to discover that you can only leave the marina on Mondays, Wednesdays and Fridays with a green cat on board (in Fujian Province), and you can only go back into the marina on Tuesdays, Thursdays and Sundays, when accompanied by a red parrot (in Sichuan Province - which has no coastline). You get the general idea. Someone even suggested recently that China's boating regulations (or lack of) will only get sorted out 'when all the various Officials can work out a way for New Regulations to contribute as much to their back pockets as the current lack-of-regulations do.'
There’s also a whisper out there that increased fees for exhibitors at next year’s China (Shanghai) International Boat Show may drive some of those companies south, to Xiamen. There is no doubt that they are ‘getting on with it’ in Xiamen, whatever the truth behind the numbers. It must be time for another visit!