A sailing competition is held in Qingdao, Shandong province, in May. Chinese interest in the sport has grown following the 2008 Olympics and the Qingdao government plans to build the city into the "Chinese City of Sails".
The Extreme Sailing Series of the International Sailing Federation (ISAF) will be held in east China's Qingdao city from April 13 to April 17, announced an official of the local organizing committee Tuesday.
The Asia Sailing Federation (ASF) on Saturday presented Xia Geng, the mayor of Qingdao, with a special award to celebrate his contribution to sailing in Asia.
A new hotel is now under construction at the Qingdao Sailing Center of the 2008 Beijing Olympics with an estimated budget of 1.5 billion RMB ($223.7 million), and is due to be completed in the first half of 2013.
On the last day of the exhibition, a 78 million yuan yacht was sold, which is China's most expensive and the largest private luxury yacht in the history!
