VIDEO #3: China RV Industry Ready to Explode
Editor’s Note: Today’s video comes from Reuters, examining the burgeoning RV industry in China. To view the video scroll down the right side of the RVBUSINESS.com home page and click on the play button. Below is an excerpt from an accompanying story and a link to the complete version on the Reuters site.
Dong Xuemin can’t wait for weekends when he heads out with family or friends to the mountains north of Beijing or to a lake for a picnic.
As reported by Reuters, Dong is a “Red Ant” – a member of a club of urban Chinese who’ll find any excuse to hit the road, not in ordinary cars, but in recreational vehicles, those quintessential Western chariots of leisure transportation used by “Snowbirds” in North America typified by white-haired retirees heading south for the winter.
“RVs have a long and glorious history in the West,” says Dong, 41, who runs a logistics and storage business in Beijing where he stores his RV, boat, all-terrain vehicle and motorized surfboard. “Chinese are the same; we love the outdoors. So we’re learning the American and Western RV culture.”
China’s RV market is still minuscule compared to North America. Chinese buyers bought an estimated 1,000 RVs last year compared to more than 250,000 sold in the United States. A lack of government regulations, campgrounds, plumbing and decent roads in many parts of the country are among the challenges stalwart road-warriors face.
Experts, however, say the RV business in China is about to take off, benefiting domestic manufacturers and foreign makers alike. The RV China Association expects sales to increase 40% between 2012 and 2015 to close to 4,000.
To read the entire article by Reuters click here.