Yacht owners in China tend to keep a low profile, both to conceal their wealth and protect their privacy.
Mr.Jacques Rogge sent a message to the sailing-theme forum rating it as a "commendable initiative".
More than 200 representatives from over 20 countries and regions participated in the 2010 Qingdao International Sailing Week.
An international sailing training camp kicked off on Monday in Qingdao, east China's Shandong province.
Three Japanese Maritime Self-Defense Force vessels will make a port call at the eastern Chinese coastal city of Qingdao from Oct. 15 to 19
Yacht training schools are springing up in the country's major costal cities as more and more people look to enjoy a nautical life.
The Los Angeles office of international design firm NBBJ is designing the new Qingdao Water City development at Aoshan Bay in China.
Inspired by the surrounding landscape, LA-based NBBJ designed the new Qingdao Water City Exposition Center in Shandong province in China to resemble the dikes that are prevalent in the area to hold back the tidal waters.