Core Viewpoint - The Jiangsu provincial government has introduced measures to promote the yacht industry, aiming to enhance modern service levels and meet the growing demand for leisure activities among the public [1][2]. Group 1: Promoting Yacht Consumption - The government plans to lower the barriers to yacht experiences by exploring yacht rental services, allowing clubs to offer rentals and driving services for yachts with up to 12 passengers [1]. - A comprehensive management system for yacht rentals will be established, covering registration, behavior norms, contracts, and safety responsibilities to ensure safe water transportation [1]. Group 2: Developing Yacht Tourism Products - The focus will be on creating unique tourism products that cater to the public's demand for yacht experiences, including ecological sightseeing, leisure vacations, and water sports [1]. - Activities such as yacht safety trials, experiential lectures, and immersive participation methods will be organized to enhance public engagement and expand the consumer base [1]. Group 3: Encouraging Yacht Events and Competitions - The government encourages the integration of outdoor sports with yacht experiences, promoting water sports and yacht-related events in cities like Wuxi, Suzhou, and Lianyungang [2]. - There will be support for organizing yacht-related competitions to enhance industry collaboration and increase the visibility of Jiangsu's yacht sector [2]. Group 4: Strengthening Industry Promotion - A dual approach of internal development and external collaboration will be adopted to enhance yacht exhibition and promotion systems, including hosting yacht tourism promotion events during local festivals [2]. - Jiangsu yacht manufacturers will be supported in participating in international yacht exhibitions to showcase their technology and products, aiming to expand the market beyond the province [2]. Group 5: Comprehensive Development Measures - The measures also include innovations in government services, improving overall service quality, enhancing research and manufacturing capabilities, and creating a favorable development environment for the yacht industry [2][3].

Core Insights - The yacht industry in Sanya has shown significant growth, with 25 new companies established in the first three quarters of this year, representing a 213% year-on-year increase [1][2] - Sanya is becoming a key hub for the yacht industry in China, leveraging its unique marine resources and policy advantages to attract investment and innovation [1][2] Industry Growth - As of September 2023, Sanya's Central Business District has attracted a total of 123 yacht-related enterprises, covering various sectors such as sales, leasing, maintenance, and tourism [1] - The implementation of the "Rules" on October 1, 2023, is expected to enhance the operational capacity and efficiency of yacht tourism by increasing passenger limits [2] Regulatory Developments - The new regulations optimize technical standards, inspection processes, and safety supervision, aligning with international practices and providing a solid foundation for the high-quality development of the yacht industry in Hainan [2] - The relaxation of passenger limits is anticipated to stimulate the yacht tourism market, allowing for the development of more diverse and attractive yacht tourism products [2] Competitive Advantage - The new rules are expected to improve safety management and compliance levels among yacht operators, enhancing their resilience to risks [2] - The regulations aim to boost the international competitiveness of Hainan's yacht industry, attracting more domestic and international yacht brands and resources to Sanya [2]