China is one of the leading Asian giants in the emerging market of luxury yacht building. The country which was known around the world for its ship building with a rich history in ship repairs and building in the 1800s began building luxury yachts in the mid 1950s paving way for renowned ship builders such as Yantai Raffles currently known as Pride Mega Yachts, Kingship and IAG to emerge into the luxury ship building market across the millennium.
China used to build ships only for domestic consumption but soon caught up being a leading competitor in the Asian market of luxury commercial ship building and has by now moved on to the global market of modern luxury yacht building with the state of the art technology and know-how used by the country’s expert ship builders to invent energy saving powerful luxury sea giants. By now China is gradually bringing the region to a recognised position in the global yacht building industry. Sanya is the “south gate of China” and a favourite tourist beach resort town with many a luxury Sanya hotel such as Anantara Sanya Resort & Spa. It has a year-round luxury cruise operation with high emphasis on development of cruise terminals and building luxury yachts.
The world is gradually taking note of China’s yacht building industry as it begins to see the potential in Asia’s cultural move toward the water.
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