Domestic buyers expected to be strongest yacht buyers  

国际顶尖游艇将云集澳门 料内地市场受青睐

超过30家全球游艇顶尖品牌及千余位意向买家将在11月共聚澳门，拉开第三届中国(澳门)国际游艇进出口博览会序幕。据主办方介绍，此番打造的游艇进出口平台，料内地市场最受青睐。 [查看全文]

Hong Kong (CNS) -- Domestic buyers are expected to be the strongest purchasers of luxury yachts at the upcoming 2013 China (Macao) International Yacht Import and Export Fair, according to a program organizer on Tuesday.

The fair will feature new products from over 30 premium yacht brands from around the world. Hundreds of yacht clubs from home and abroad and over a thousand potential buyers have signed up to the event.

The fair has also emerged as a bridge linking the mainland yacht market to Macao's.

At a previous session of the fair in 2012, over 60 percent of the yacht buyers were from the mainland, according to Wang Hongguo, an official at the China Ocean Aviation Group.

The yacht industry in the mainland is still booming, said Wang, who compared it to the auto industry two decades ago on the mainland.

It was hard for people to own private cars 20 years ago, but as cars became more affordable and the regulation of the auto industry has improved, more and more Chinese have become car owners. The same thing is happening with the yacht industry, Wang added.

The three day fair will open on November 1 in Macao.