China Golf Industry Report, 2009-2010
China recently has more than 500 golf courses and about 3 million golfers. China strives for high standard in the construction of golf courses, but lacks experience when it comes to the management, which leads to high operating costs and low profitability of golf industry. In recent years, China has launched a series of policies regarding land, golf equipment import & export and business tax in order to protect land resources and natural environment, which has restricted the development of golf industry and slowed down the growth in the number of golf courses. Nevertheless, as the golf culture becomes more and more popular and the national income gets increased, the golf population is increasing and the golf industry is expected to maintain robust development in China.
In terms of the regional distribution of golf courses, golf in China originated from Shanghai and grew into mature in Guangzhou and Shenzhen. The number of golf courses scales up the local economic development, and most golf courses are centered on three large economic circles, namely Pearl River Delta, Yangtze River Delta and Beijing-Tianjin-Tangshan. Moreover, with the development of golf industrialization, Yunnan and Hainan are also moving on a fast track of developing golf industry by virtue of their unique environmental strength.
The golf industry of China features fierce competition. Clubs have extended their competition to golf-related industries, represented by Mission Hills Golf Club, which has successfully developed golf real estate business. Another case in point is Sanya, which has strived to develop golf tourism with its geographical, climate and environmental superiorities.
In terms of development stages, the golf courses in the early stage mainly served foreign investors as a kind of high-level consumption.With the economy developing and people’s living standard improving, golf is increasingly oriented to the general public and industrial integration in China.
The report starts from the policy, economic and social environment for the development of China’s golf industry, and then elaborates the status quo, market scale, regional market development characteristics as well as the competition tendency of the industry. The last part introduces eight leading Chinese golf clubs and golf-related industries at large.
In terms of the regional distribution of golf courses, golf in China originated from Shanghai and grew into mature in Guangzhou and Shenzhen. The number of golf courses scales up the local economic development, and most golf courses are centered on three large economic circles, namely Pearl River Delta, Yangtze River Delta and Beijing-Tianjin-Tangshan. Moreover, with the development of golf industrialization, Yunnan and Hainan are also moving on a fast track of developing golf industry by virtue of their unique environmental strength.
The golf industry of China features fierce competition. Clubs have extended their competition to golf-related industries, represented by Mission Hills Golf Club, which has successfully developed golf real estate business. Another case in point is Sanya, which has strived to develop golf tourism with its geographical, climate and environmental superiorities.
In terms of development stages, the golf courses in the early stage mainly served foreign investors as a kind of high-level consumption.With the economy developing and people’s living standard improving, golf is increasingly oriented to the general public and industrial integration in China.
The report starts from the policy, economic and social environment for the development of China’s golf industry, and then elaborates the status quo, market scale, regional market development characteristics as well as the competition tendency of the industry. The last part introduces eight leading Chinese golf clubs and golf-related industries at large.
1. DEVELOPMENT ENVIRONMENT OF CHINA’S GOLF INDUSTRY
1.1 Economic Environment
1.2 Policy Environment
1.3 Social and Cultural Environment
2. DEVELOPMENT IN CHINA
2.1 Constitution of Golf Course
2.2 Industrial Structure
2.2.1Golf Manufacturing Industry
2.2.2 Golf Service Industry
2.2.3 Golf Real Estate Industry
2.3 Development History
2.4 Status Quo of Golf Course Construction
2.5 Constraints for the Development of Golf Industry
2.5.1 High Threshold
2.5.2 High Management Fee
2.5.3 Land Utilization Issue
2.5.4 Non-Standard Industry Practice
2.5.5 High Industry Tax
2.5.6 Talent Scarcity
2.5.7 Disadvantages of Golf Course Itself
3.MARKET SCALE
3.1 Scale and Classification of Chinese Consumers
3.2 Scale of Foreign Consumers
4.GOLF INDUSTRY OF CHINA BY REGION
4.1 Bohai Economic Rim
4.1.1 Beijing
4.1.2 Tianjin
4.1.3 Shandong
4.2 Yangtze River Delta
4.2.1 Shanghai
4.2.2 Zhejiang
4.3 Guangdong
4.4 Hainan
5. COMPETITION
5.1 Increasing Operating Income by Expanding Business
5.2 Construction Strength of Golf Courses
6. KEY ENTERPRISES
6.1 Chung Shan Hot Spring Golf Club
6.2 Mission Hills Golf Club
6.3 Hainan Sanya Yalong Bay Golf Club
6.4 Shanghai Silport Golf Club
6.5 Kunming Spring City Golf & Lake Resort
6.6 Beijing Country Golf Club
6.7 Dalian Jinshi Golf Club
6.8 Long Island Golf & Country Club
7.GOLF-RELATED INDUSTRIES
7.1 Golf Real Estate Industry
7.1.1 Profile
7.1.2 Classification
7.1.3 Development Mode of China’s Golf Real Estate Industry
7.1.4 Development Status Quo of China’s Golf Real Estate Industry
7.1.5 Seven Relationships in Golf Real Estate Industry
7.1.6 Full Exploitation of Comprehensive Golf Resources
7.2 Golf Clothing Industry
7.3 Golf Equipment Industry
7.4 Golf Tourism Industry
7.4.1 Profile
7.4.2 Positive Factors for the Development of Golf Tourism in China
7.4.3 Negative Factors for the development of Golf Tourism in China
1.1 Economic Environment
1.2 Policy Environment
1.3 Social and Cultural Environment
2. DEVELOPMENT IN CHINA
2.1 Constitution of Golf Course
2.2 Industrial Structure
2.2.1Golf Manufacturing Industry
2.2.2 Golf Service Industry
2.2.3 Golf Real Estate Industry
2.3 Development History
2.4 Status Quo of Golf Course Construction
2.5 Constraints for the Development of Golf Industry
2.5.1 High Threshold
2.5.2 High Management Fee
2.5.3 Land Utilization Issue
2.5.4 Non-Standard Industry Practice
2.5.5 High Industry Tax
2.5.6 Talent Scarcity
2.5.7 Disadvantages of Golf Course Itself
3.MARKET SCALE
3.1 Scale and Classification of Chinese Consumers
3.2 Scale of Foreign Consumers
4.GOLF INDUSTRY OF CHINA BY REGION
4.1 Bohai Economic Rim
4.1.1 Beijing
4.1.2 Tianjin
4.1.3 Shandong
4.2 Yangtze River Delta
4.2.1 Shanghai
4.2.2 Zhejiang
4.3 Guangdong
4.4 Hainan
5. COMPETITION
5.1 Increasing Operating Income by Expanding Business
5.2 Construction Strength of Golf Courses
6. KEY ENTERPRISES
6.1 Chung Shan Hot Spring Golf Club
6.2 Mission Hills Golf Club
6.3 Hainan Sanya Yalong Bay Golf Club
6.4 Shanghai Silport Golf Club
6.5 Kunming Spring City Golf & Lake Resort
6.6 Beijing Country Golf Club
6.7 Dalian Jinshi Golf Club
6.8 Long Island Golf & Country Club
7.GOLF-RELATED INDUSTRIES
7.1 Golf Real Estate Industry
7.1.1 Profile
7.1.2 Classification
7.1.3 Development Mode of China’s Golf Real Estate Industry
7.1.4 Development Status Quo of China’s Golf Real Estate Industry
7.1.5 Seven Relationships in Golf Real Estate Industry
7.1.6 Full Exploitation of Comprehensive Golf Resources
7.2 Golf Clothing Industry
7.3 Golf Equipment Industry
7.4 Golf Tourism Industry
7.4.1 Profile
7.4.2 Positive Factors for the Development of Golf Tourism in China
7.4.3 Negative Factors for the development of Golf Tourism in China
SELECTED CHARTS
GDP & YGDP & YoY Growth of China, 2004-Oct.2010
China’s Per Capita Disposable Income of Urban Residents, 2004-2009
Golf Course of Beijing Willow Golf Club
Golf Courses & Consumption of Major Golf Clubs in Tianjin
Major Golf Clubs in Shandong
Major Golf Clubs in Shanghai
Major Golf Clubs in Zhejiang
Golf Courses of Guangdong by City
Major Golf Clubs and Golf Courses in Hainan
Top 10 Golf Courses in China, 2010
Top 10 New Golf Courses in China, 2010
World Cup Course
New Valley Course
Canyon Course
Stadium Course
Savannah Course
Olazabal Course
Sorenstam Course
Duval Course
Leadbetter Course
Norman Course
Pete Dye Course
Zhang Lian Wei Course
Yalong Bay Golf Course
Spring City Lake Course
Classification of Golf Real Estate in China
E Import & Export of Golf Club, Golf Equipment and Golf Ball, Jan.-Sep., 2010
GDP & YGDP & YoY Growth of China, 2004-Oct.2010
China’s Per Capita Disposable Income of Urban Residents, 2004-2009
Golf Course of Beijing Willow Golf Club
Golf Courses & Consumption of Major Golf Clubs in Tianjin
Major Golf Clubs in Shandong
Major Golf Clubs in Shanghai
Major Golf Clubs in Zhejiang
Golf Courses of Guangdong by City
Major Golf Clubs and Golf Courses in Hainan
Top 10 Golf Courses in China, 2010
Top 10 New Golf Courses in China, 2010
World Cup Course
New Valley Course
Canyon Course
Stadium Course
Savannah Course
Olazabal Course
Sorenstam Course
Duval Course
Leadbetter Course
Norman Course
Pete Dye Course
Zhang Lian Wei Course
Yalong Bay Golf Course
Spring City Lake Course
Classification of Golf Real Estate in China
E Import & Export of Golf Club, Golf Equipment and Golf Ball, Jan.-Sep., 2010
