China Gift Market Trends

Potential Opportunities Catalyzing the Alluring Markets
In recent years, a great number of overseas orders of craftwork and gifts have been transferred to China, mainly from the European and USA general merchandise industry, multinational chain supermarkets, and professional distributors, etc. Meanwhile, Beijing 2008 Olympic Games and the World Expo Shanghai 2010 will also bring great business opportunities to the craftwork and gifts industry.Popular Gift Ideas (Buying Trends)
Gifts for Family Decoration
Craftwork is an important composition of family interior soft-environment design, reflecting peoples’ temperament and interests. Practicality and nice design are two important factors people considered when choosing home gifts.Promotion Gifts – Complement Traditional Marketing Methods
The value of promotional gifts in today’s competitive marketplace can’t be underestimated. Many businesses nowadays turn to promotional gifts to help them enhance their brand awareness, improve customer loyalty and increase sales.
Holiday Gift: Nurture Your Relationship
Holiday occasions or a special day for an individual bring us together, creating a chance for our relationships to grow. Gift giving in this case is indispensable to enhance the feelings or atmosphere. Personalized and engraved unique gifts especially make distinguished and memorable presents.Fashion Jewelry Gifts – a Timeless Favorite
Since ancient times, jewelry has been one of the most popular gifts to give and to receive, and it still ranks among the top gifts as a universal, particularly pearls and birthstones. A gift of jewelry delights the recipient and evokes a genuine smile. Birthstones, among various choices, are very popular with Its Culture-added Value. Almost everyone appreciates a birthstone, and it shows that you actually put some thought into the gift. Many people believe that wearing their birthstone protects them and brings them good luck.Yiwu City: a Terrific Destination for Your Gift-purchasing Plan in China
China Yiwu is the largest mart for petty commodities. Currently, Yiwu has the largest wholesaling market around the world. The business area of the market covers 1,500,000 square meters, gathering 320,000 kinds of commodities from all over the country with a daily customer flow of more than 200,000 person-times, and the daily output of commodities up to nearly ten thousand tons. Up to now, more than 300 overseas trading offices and 10,000 foreign purchasers have resided in Yiwu.
Notable Domestic and International Gift Fairs
International Gifts & Home Decor Trade Fair
The largest fair of its kind in East China, was held in Shanghai every year, which can both serve the industry and add luster to life, creating a real buzz in Shanghai Mart.
Shenzhen International Toys & Gifts Fair
This event is an ideal platform for sourcing from China. Many of these exhibitors are already leading suppliers in the China market, and they have expressed keen interest in developing business overseas.
Sands Expo Center — The ASD/AMD Las Vegas Gift Expo
Dollar for dollar ASD/AMD Trade Shows are the most cost-effective and convenient way to get buyers and sellers together in a sales and profits-oriented marketplace.Challenges Facing the China Gift Industry and What’s On Trend
China gift industry desires for professional and creative designers. Competition enhances design capability in a positive way. Brilliant designer teams stay abreast of trends and always scout for new ideas or options when going to some relevant events or shows. Gift magazines and Internet sites are used as references as well.Brand Name Promotion
Companies that do not have any awareness in promoting their brands cannot survive. Companies are now getting to that awareness. Brand stands for everything – low price, convenience of purchase, emotional attachment, and for performance and quality. As far as allocation of funds (for brand promotion) is concerned, it should be carried out on a sustainable basis. It has to be part of the overall budgetary allocation of the company.Creating Value, Adding Value and Maintaining Value
Whether it is Culture Value added or Technology Value added, they would undoubtedly make your gifts more competitive. Many traditional Chinese gifts maker should strive for new technology to bring novelty to their products and maintain freshness. Meanwhile, we can’t ignore the culture value of the gifts or even an enterprise. For instance, Swarovski Crystal are paying much attention and funds in its culture value promotion (crystal history, magic function etc.), it’s the culture connotation that contributes much to its overall success, attracting people to buy it and enjoy it.Know the Psychologic Profile of The Target Market
How can gifts marketers and retailers better understand the hearts and minds of their consumers and use that insight to capture a greater share of the consumers’ gifting budget? These are questions every gift enterprise should investigate into seriously. For the foreign gift trade business in china, it would be favorable for the profits and markets to grow, for example, if the manufacturers could produce gifts that taking in more western flavor, religious imply, personalized demand, or of high quality level.Environmental Friendly – Go Green
The environment is increasingly on consumers’ radar screens, according to many surveys. “Eco-friendly” products are more popular in holiday season than in the past. Wrapping stuff like plastic bags are not so welcome. This shopping intention was consistent across gender, age and income groups based on many survey statistics.E-business Web Choice – Finding Authentic Suppliers in China
If you happen to be a buyer, looking for appropriate China Supplier partners. Would you like to get comprehensive information, such as company business registration condition, actual production, trade, R & D abilities and quality management system, of potential partners quickly? Do you hope that this information is from an impartial authoritative organization like SGS? If you are looking for such suppliers and need such important business information, please choose from the china manufacturer directory.

Ultrasound Technician Schools: Your Key to a Career in Sonography

When you start looking at ultrasound technician schools, you will find out that diagnostic medical sonography is a highly sought after career. This position not only diagnoses conditions, but detects pregnancy. But their skills are not limited to pregnancy. Ultrasounds are used for other conditions as well.

Typically, ultrasound technician schools offer programs ranging from 24 to 48 months of training. At the conclusion of the program, the student has either an associates or a bachelors degree. If students already work in the health care field, they can participate in a one-year certificate program. These programs can be found at junior colleges and technical schools pretty affordably. But there are also programs at the sonography and radiology departments of major universities. Students study a science-heavy curriculum, which will include classes like anatomy & physiology, basic physics, instrumentation, radiology, patient care, medical ethics, and ultrasound principles.

There will also be clinical classes, which take place at an actual medical setting.

The focus of ultrasound technician schools is to provide students with practical, hands-on experience and knowledge. Everything the student learns can be immediately applied on the job—on the first day! Diagnostic medical sonographers work in clinics, hospitals, and diagnostic imaging centers.

Students learn various specialties in the field of diagnostic sonography. Breast sonography, neurosonography (which is focused on the nervous system and the brain), obstetric and gynecological sonography, cardiac sonography, abdominal sonography (which focuses on pancreas, spleen, liver, kidneys, and male reproductive system), and vascular sonography (which focuses on the circulatory system).

Sonography touches nearly every specialty within the medical field. Diagnostic sonography is quickly becoming the diagnostic tool doctors turn to first.

Sonography uses sound waves, which bounce off the part of the body that is being targeted for diagnostic answers. The equipment used during the process captures the echoes created and turns them into images that can then be read by a physician trained in examining those images. This non-invasive means of getting answers regarding patient symptoms and conditions is a preferred method of diagnosis.

Sonographers not only run the machines, but they also explain the procedure to the patient. They must calm the patient and reassure them, while positioning them for the best pictures possible. The sonographer helps find the initial indicators of illness and disease, as well as get the best images possible for the doctor.

Diagnostic medical sonography is a rewarding and fast-growing field. Gaining employment should be fairly easy with the proper credentials and training. The education needed can be gained in a relatively short period of time. The field allows you to help patients get answers to their concerns and questions and provide reassurance. Many people enjoy their jobs as sonographers.

When you are picking out ultrasound technician schools, ask the following questions about the program:

Accrediation—is the school accredited?
Class size—how many students per class?
Focus—is the school focused on practical experience or learning?
Success of graduates from the program

The Benefits of Advertising – Business Internet Marketing

Marketing online has become a very profitable way of marketing products and services of the company. Online advertising is one method of advertising that uses the Internet to deliver the marketing message that can attract customers. World Wide Web is the main medium that can be used as part of online advertising to attract customers and spread the name of the company. There are also several examples of online advertising such as email marketing, banner ads or contextual ads on various search engines.

The benefits of advertising business internet marketing are:

1. Ad beneficial for sellers and buyers. This is mutually beneficial. Sellers use advertising to promote products on the internet by providing an explanation of the details of products both in price, usability, and benefits of these products. Buyers who come to the site, they know about the various products from these ads and can choose according to their wishes.
2. Before the Internet, advertising is limited to newspapers, television and so on. Along with the development of the Internet, we can use a variety of ways to advertise our businesses either through email or posting through various websites. Through advertising on the internet allows you to expand the business globally, not limited to time and place.
3. Internet is becoming increasingly popular in line with the number of people who use these systems and tools. Almost all people use online facilities to perform the work as they use email to send and receive the official letter to the company or using social media such as twitter, Facebook, and others. By using advertising on the internet the more people will see and some of them will make a purchase.
4. Advertise your business with the internet; you will be able to reach very specific target audience through this online facility. This is often referred to as SEO Optimize system where you use specific keywords for specific markets. There is also the term PPC or pay per click where you need to pay for keywords that you are advertising on the internet.
5. Online ads can reach every person in the whole world in a small time period. Some tools or software is provided either free or paid; where you can choose which best suit your business. On average a good website can be optimized in a few months and with time running it will be increasing visitors and buyers so that we get a return on investment.
6. Cheap online advertising as a source of advertising would cost so much while placing an ad in the newspaper or television will be more expensive than online advertising. You can also get a clear picture of how much money he would spend and how much profit from your investment.

If you have not done in the advertising business internet marketing, it is good you start to learn the details and start running. This not only shortens your time in business, but you can increase your profits away from what you get. Of course, learning from the right sources and correct.

Medical Equipment Marketplace

The medical equipment marketplace is replete with broad selections of equipment and supplies for medical, dental, and beauty salon equipment. There are several websites devoted to supplying such items. Trade networks exist within social commerce climates that constantly move products in this category every hour of every day. It is a highly competitive market and the information provided regarding the products is sometimes reliable and in other situations it is unreliable.

Within this market it is important to know certain facts. In order to learn these facts, you might have to critically shop around and ask many questions. When you do this, you will find contradictory information as well as useful information. You will see that some businesses selling these products are reliable and others are not. Ultimately it is confusing. One of the best companies that I have seen is Crystal Medical http://www.crystalmedical.co.uk.

Crystal Medical has a special niche in the medical equipment marketplace. They offer an exceptional variety of products in many categories including dental, medical, surgical, opthamalic, nursing, homecare, veterinary, pharmaceutical, and software categories. All of the products they offer are of high quality. Their dental equipment line is comprehensive and takes quality seriously.

Perhaps one of their best features is the flexible payment plans. With Crystal Medical, you may purchase medical equipment, dental equipment, and beauty salon equipment outright or you may rent the products on agreement for nominal fees. They have their payment plans set up in such a way that the equipment you purchase can pay for itself with added profit. Often these upgrades in equipment yield better business profits, easily offsetting the cost of the equipment itself.

Naturally, there are other organizations that offer similar equipment. You should research those as well. I believe you will discover that Crystal Medical offers the best products and the most practical payment plans. Considering the fact that they offer a 5 year warranty on all of the products they sell, it is a deal worth considering. Advance the technology of your healthcare practice with a reliable company and you will be assured better quality and cost.

Machine Tool Industry Quietly Recovery

By lower automobile, engineering machinery, electrical equipment and aerospace industry product demand pull, the machine tool industry is experiencing accelerated warming trend. China Securities Journal reporter learned that, at present, a lot of construction machinery and equipment category Power Grid Company is intensity of technological transformation, have added special milling large heavy equipment. Required for the development of large aircraft aluminum alloy high-speed cutting machines and cutting machines are also difficult to process materials as in hot demand.

Affected by this machine plate Qinchuan development companies such as Shenyang Machine Tool orders currently in hand more than the guaranteed performance.

Warmer downstream demand driving machine

Secondary market, the development of the recent gains Qinchuan obvious, from the end of March the upside to the current 11 yuan to 14 yuan, up 27.2% gain in 10 trading days.

Shenyang Machine Tool were up in 10 days or more than 30%.

Qinchuan Development Office, said the person, company orders full. This year will further expand the field of grinding in the car market share, while increasing the sales force composite machining center, there are some new products will be introduced. In addition, the company will also increase with the machine tool manufacturing-related services-based business development. These are the company’s new profit growth point.

Qinchuan development report shows that the top ten shareholders of circulation share of seats all the institutions, there are two combinations of social security.

Number of Shareholders by the end of the third quarter, 4.82 million shares plunged to the end of 33400, chips concentration was evident. Shenyang Machine Tool very high proportion of institutional ownership, the first quarter of this year, four new entrants, including Social Security Fund 102 Portfolio, the oil companies and two pension funds.

Shenyang Machine Tool a quarterly show, the first quarter the company achieved sales revenues of 1.958 billion yuan, up 69.94%; 30.27 million yuan net profit attributable to parent company, equivalent to earnings per share were 0.06 yuan, a year earlier loss of 0.05 yuan per share, results of reverse significant.

Shenyang Machine Tool recently also adopted Placements, the company developed to the issuance of not more than 2 billion shares, and fund-raising not more than 2.1525 billion yuan for the construction of a major base of CNC machine tools, CNC lathes New CAK technical innovation, the core features of NC machine tools technological transformation and the return of bank loans for four projects.

CNC machine tools worth the wait

Lower demand in the machine tool industry, automotive and construction machinery accounted for more than 50%, military, and aerospace are also accounted for about 20%. In addition, large power grid devices also need various types of heavy machine tools. It is learned that heavy demand for machine tools rose sharply, especially in heavy-duty CNC milling machine, boring bar diameter of 250mm above floor large CNC boring and milling machine, CNC machining diameter and 16m heavy duty vertical lathes, machining diameter of 4m-5m, 14m-18m length processing CNC heavy duty horizontal lathe and CNC blade root slot milling machine so special.

As the demand for downstream production and marketing industry, strong, machine tool sales in 2010 are expected to well, especially in CNC machine tools with high added value is more worth the wait.

January-February 2010, China’s production and export of CNC machine tools were improved: total exports of metal working machines 272.767 million U.S. dollars, an increase of 14.8%; CNC machine tool exports of 6,161,700 U.S. dollars total, an increase of 32.37%. The first quarter of this year, the Shenyang Machine Tool new order contract 2.6 billion, up 100%, maintained since the February 2009 monthly growth trend.

10 Effective Small Home Based Business Ideas for Startup Small Business Owners

It is always desirable by many of us to establish a home-based business where we can work from the comfort of our home and can earn a handsome residual income. Therefore, we have listed here ten effective home based business ideas for starting up a home-based small business. Why do we say these “effective small home based business ideas”? Because these are all ideas which are tested and we actually made money through these ideas at one time or another.

1- Develop a Niche Affiliate Site
A niche website is a small website that only focuses a single segment of market. There are hundreds of thousands of niche-websites on the web. You can search for a segment of your interest or expertise and then build a catchy website with high-quality content. Choose the products based on high turnover and handsome commissions for affiliate sales on your website. Promote your site for targeted traffic and then track results.

2 – Get paid by Online Paid Surveys
Online paid surveys are a popular and easy way of generating a residual income stream for you and your family. Every global company is spending a lot on the market research and consumer behavior patterns. They hire survey firms to conduct market research for their existing and upcoming products and services and pay generously for views of the people. So it is easy to sort down reliable survey companies and filling out surveys to get a comfortable way of earning from home.

3 – Selling on Craigslist & eBay:
Craigslist is an online garage sale site. It is free to place your sale offers on the craigslist, and sometimes you don’t even need to be worried about shipping and packaging; people come to your home and pick up the items they bought from you. You can sell anything at craigslist or eBay from the old garage items to your small handmade unique items. You can find a clientele for almost anything on these sites and can earn money for you and your family.

4 – Design a website:
If you are running your own website or blog, then you will be familiar with the WordPress and can learn how to create websites by using readily available WordPress themes and how to fix them. You can offer these services to other peoples by learning some customizations like changing color schemes, designing simple logs and banners, make small changes in the layout, etc. In this way, you can easily create and sell unique websites for others and can earn residual income.

5 – Earn Money as a Virtual Worker
You can sign up websites like MicroWorkers.com to offer your services to the individuals and small businesses. MicroWorkers.com has different categories like content writing and social media. You can earn money by completing small tasks like writing a review of a product, posting comments to the blog posts and being fan of a Facebook page, etc.

6 – Earn through Ads on Your Website or Blog:
If you are running a website or blog which has a reasonable amount of daily visitors, then you can earn through placing ads on your websites. Quality content and high-traffic site can give you a handsome stream of advertisement earnings through CPC and CPM campaigns. In these ads, you will be paid for click or impression of the ad placed on your website. You can place any good ad network like Google Adsense for ad campaigns can enjoy extra money through advertisements.

7 – Domain Name Speculation:
Speculating and registering domain is a popular and easy way to earn money online. It involves creativity and thoughtfulness of the person. People find and register domain names, which appear valuable and wait for the time when someone approaches them to sell that domain name in the future. Such domains are parked on pages, which clearly indicate that these domains are for sale and also mention the contact details of the owner. Meanwhile, these owners place catchy advertisements on parking pages and earn advertisement money.

8 – Be a Freelancer:
If you have some expertise in graphics design, programming, writing, marketing research, data entry or any other simple administrative work, then you can offer your services through freelancing websites like guru.com and elance.com. These sites offer a fantastic platform for the people who want to work online. Simply join any of the reputable freelancing website, offer your services in any given category and start earning without spending a penny from your own pocket.

9 – Offer Transcription Services:
Transcription service is the procedure of creating text form of data from recorded voice and conference calls. If you have extra ordinary listening and writing skills, then you can offer your transcription services on the web and can earn a handsome amount based upon your work.

10 – CPA Marketing:
Cost per Action marketing means getting paid when a specific action is performed through your referral link. The referring money can be from $1 to $25 depending upon the type of action performed. This is a quick way to generate cash by referring people. It is highly recommended to use trust worth websites after proper research.

Factors to Consider While Creating Your Office Space

Your office could create a big impact for your business. People will perceive your business as respectable and professional when you have a decent and presentable office space. Above all, you will be able to be more productive when you are working in a good environment. Well, here are some factors to consider while creating your office space:

1. How do you want your office to look like – you should decide whether you want to have a traditional and formal set-up kind of office or you prefer the creative and modern look. The overall layout of your workplace will decide the mood and atmosphere so you should decide carefully. Well, if you want to have the traditional layout then you should work more on neutral colors. However, if you decided to be more fun and creative then you could use bright colors and play with shapes and patterns.

2. Color coding – speaking of colors, it is advisable to plan the color schemes for your office carefully. Just like in your house, you should choose what color each room would be. You should remember that color is a very powerful factor that can set the mood in one place. You should use earth colors like green, yellow and blue to project a calm and relaxing vibe in the room. Strong and loud colors like red, fuchsia and neon colors could project strong and intensified mood. Of course, you should consider your personality when it comes to deciding what color to use for your office.

3. Storage – small businesses usually lease a small to medium size office. Well, there is nothing wrong with that especially if there are only a few of you working in your business. However, it is a good to consider different storage to avoid making your office look too cluttered or crowded. You should consider overhead shelving units, compartmentalized folders and stackable boxes.

4. Accessibility of the location – well, it is also advisable to consider the accessibility of your office. Is it easy to reach your office through public transportation like subway or bus? Are there nearby amenities where your employees could get their lunch? Well, you should consider all of those factors to make sure that you are choosing the best office location.

5. Safety of the place – last but most importantly, you should make sure that you are renting an office in a safe building or location. It is best if the building has a tight and organized security system. It would be great if the whole building were under surveillance camera to see the people coming in and out of the building. Of course, there should be security guards to check the people who are entering the building. You should also check the building’s capability to face earthquake, typhoon, tsunami or other natural calamities.

It is best to consider the factors mentioned in this article to make sure that you are not only having a presentable and beautiful office space but also a safe and accessible place for your employees, clients and consumers.

WHAT YOU NEED TO INVITE MORE VISITORS

In a huge exhibition you will need several things to do. In order to get more visitors come to your trade show booths, you have to make a careful and detail preparation. You have to make sure that you and your staff have had already set a perfect preparation. Create a certain theme for your booth. Do not forget to make colorful table skirts in your booth. If possible make the table skirts represent your brand whether through its colors or with particular logo. It is also very important because it will make the trade show booth look cozy.

When you want to boost the number of visitors to come your trade show booth, you have to create an attractive banner stands. There are many kinds of banner stands that you can choose and use it as you need from retractable versions into L shaped styles. A booth with many attractive features will indeed invite more visitors. It will give a great opportunity to market your product or even only to introduce your new product. You also have to get pipe and drape in order to control the crowd and make it as booth dividers. Last but not least, you and your staff have to welcome the visitors kindly and build a good communication with them.

Advertise Medical Equipments

Except the medicines, with the advancement in medical equipments we have created various machines and other units that helps the doctor in diagnosis our disease and medical problems. We have X-ray machines, ventilators, anesthetic machine, blood pressure monitor, ultra sound machine, CT (CAT) scan machine etc. These are very helpful machine of modern time. With the advancement of technology, medical science has witnessed a great boom in the last few decades. Today we have cures and treatments of almost every disease except a few like cancer and AIDS. Due to this advancement in medical science human existence become more reliable. Now we are sure that we can save ourselves from various hazardous diseases.

If we talk about medical equipments that work at fitness equipments also, we have various such products such as Knee belt, infusion pump, air purifier, nebulizer, diabetic shoes, walkers etc.

In our childhood we don’t need such thing, but thanks to medical science for making the life of senior citizens or the old age people much better than they used to live. Home medical treatment equipments are must for the old age people. But excluding these high tech machines such as CT (CAT) scan and X-tray machine, medical science has constructed various other medical equipments also that make our life more comfortable and soothing. Medical laboratory equipments, surgical equipments, medical oxygen equipments, and disposable medical lab equipment there are divided into various categories.

If you are an old age person and want to keep yourself updated with recent medical innovations and equipments, there is a lot of information available on internet. Various websites provide information on health maintenance for old age people.

There are various online classified websites, which contains contact info about who deals in sell and purchase of used medical equipments. If you are an individual and cannot afford to buy new equipments as they are very costly then you can buy this equipment at low price by finding old medical equipments dealers through these classifieds websites. And if you are in medical profession and establishing your personal clinic then also you can buy expensive medical equipments in reasonable prices.

Future of Boat and Yacht Industry in China and India

Almost all of us who have anything to do with pleasure boats, wonder how is the boat market going to be in the future? And where is it going from here? Do pleasure boats have any future? Will the trend of owning and selling boats be a larger market or will it suffocate like many luxury products due to the roller coaster ride of the world’s economy? What will particularly happen in Asia? Asia being the big part of world’s economy, what part will it play in boating industry? Which country will be the major market? China, India, Indonesia perhaps? Importantly what steps should be taken today, in order to create a better market in these countries for the future.

In Hong Kong we are realizing the obvious saturation of boating market and almost all dealers and manufacturers of boats are pointing towards China. A lot of European manufacturers are also pointing at India. Making these 2 countries the biggest potential boating markets.

Let’s talk about China first and realize that in 2005 we had big hopes for the boating business in China, we thought that the boating industry will be huge by the year 2010. Well, we are in 2010 now and China clearly has not picked up to that level of prediction, so the market is still slower than what the lot of industry experts had predicted 4 or 5 years ago. The reason behind that is China’s rules and regulations in pleasure boat industry. Taxation and licensing rules are very unclear in China. As a matter of fact, the rules are different for different states in China. Mainly for new boats, tax is about 40% of the boat’ value.

The infrastructure however, is simply fantastic, China’s development of marinas are in the best speed that one can hope for. But what is missing in this picture are the number of pleasure boats that are floating on the waters of China. There are definitely buyers for a high end expensive yacht, but the the support and maintenance of that yacht still not expertised, is uneasy and therefore costly. In any country even in Hong Kong, people are prepared to shell out a substantial amount of money to own a luxury yacht but what they are not willing to do, is to put a lot of time and over spend on upkeep and maintenance. Another thing that people are not willing to do is of course pay taxes and go through a long governmental procedure to acquire a license. This issue however is been tackled by marina clubs in China. Few clubs now assist in providing necessary licenses for their members who are willing to pay the cost of such service. Another way of handling this issue, is that the China buyers simply keep and use their boats in Hong Kong. This obviously will overcrowd Hong Kong’s marinas and not help much to boost sales into China.

A way to overcome this issue, in order to create a better regulations in the future for pleasure boats in China, is for brokers in Hong Kong to sell more low priced / good quality used boats into China. If we are to stop hunting for clients only for high end yachts worth many millions of Euros and direct more marketing towards the younger and median rich clientele, It will create a lot more pleasure boats in the waters of China. The market will respond in a very positive way. Forbes list of 2010 confirms that there are 64 billionaires in China, which makes it No.2 in Billionaires list. however, a point to note that there are over 900,000 people whose net worth is more than 10 million RMB (USD 1.3m), Majority of these people are of less than 39 years old. And even a larger and younger population which fall up to 5 million RMB worth.

There are definitely more number of people who are willing to spend a little initially to try out a boating venture. We have to keep in mind that boating lifestyle is not very common for China as yet. So the importance should be given to bringing more boats into China, which are not very expensive and good in quality.

This very concept will fill the marinas, forcing the management to grow and also provide a decent opportunities for shipyards and engineers to work in this sector.

This will also force the government to look into creating manageable regulations in terms of licensing and taxing for pleasure yachts, and if the growth of this concept is healthy it will undoubtedly create much more friendly and hassle free market for the very wealthy to buy the high end yachts. In any case, China will have a large boating market, but to make it earlier than later, depends on our actions today.

India! Lets talk about India.

One of the biggest advantages India has is that Indian mentality and lifestyle is very adaptable to western lifestyle. India adapts and accepts ideas, culture and products from the west very easily. High number of Indian population speaks in English. In India almost everyone will understand you if you speak English. If you are a non-Indian company, you can easily find an educated work force in India. It is also easy to set up a shipyard and to train workers in a specialized industry in India due to India’s language capabilities and good educational level among the population. India has been a British colony for over 150 years and the rules and regulations of the country are still similar to that of Britain in many ways. Another advantage to grow the boating market in India is the expertise of the Indian media and advertising professionals in terms of marketing.

GDP growth of India is currently 7.2%, It is no.5 in the number of billionaires list and India currently holds approximately 200,000 millionaires with net worth of USD 1 million to 10 million, and a far larger population of people worth slightly less. India’s upper middle class population is expected to grow about 10 times in the next 10-15 years.

But here are the set backs! India’s political system is a chaos, corruption exists in many sectors and things become inefficient, especially if you want to start a new industry. An example of inefficiency in India is that to start a private company there are about 13 different legal procedures that one has to take and the time frame takes minimum of 30 days. While in Hong Kong this very same procedure is done with high efficiency in less than 45 minutes.

One major concern is that the infrastructure growth in India is incredibly slow. Due to its own democracy and differences in political groups, it is difficult to commence any kind of infrastructure. The marina which was due to be built more than 5 years ago in south of India is still not ready. Therefore the speed of development of marinas and likewise developments is a lot slower than what they could have been, if the political system was more sound. Of course the major problem remains for Indian boat owners to keep their boats. Because currently there are no marinas with standard berthing facilities in India.

A good point again, being the world’s largest democracy the rules and regulations are flexible in India, and with its plus points, if the luxury boat business does reach a good start like having few working marinas and a small number of boats to begin with, the Indian market for boats will see faster growth than of China’s boating market.

The traders and dealers of boats in India also need to convey a message that boats are not just for the super rich and make them look more affordable and common in their marketing strategy, and to start this, cheaper and good quality boats need to be floating on the water. More power boat chartering businesses also can boost the industry in this initial stage.

I am also sure it wont be too long until I can cruise the beautiful waters of India and China on a private yacht with safety and with ease. Await for that day.