Events: Regal China, $ 1,000,000,000 class super-rich Shanxi hundred people love cash
Type of Event: Economics

Daily News: January 5, 2011 AD

Date: January 5, 2011 AD

Time Channel Today in History

Source: 人民网

Event Details:

  [Abstract] From the geographical point of view, Guangdong, Zhejiang, Jiangsu, Beijing, Shanghai and the five rich tycoons. Financial practitioners minimum allocation of cash and deposits; real estate tycoons You Sicheng capital investment of about the housing market; Shanxi rich prefer cash, deposits, and Beijing, Shanghai, Regal is a large number of the alternative investment ... [friends have something to say] [microblogging : I believe only the rich Shanxi Province in cash, gold and U.S. dollars]
  China's economic miracle created by the wealth effect is enormous. Recently, the world's leading business media, "Forbes," the Chinese release of the "2010 White Paper on China's private wealth," shows that in 2010 Forbes rich list personal as_set_s of over one billion U.S. dollars in China, the total number of ultra high net worth individuals has reached 128 in the Forbes global rich list in China's position has been second only to the United States, ranking second worldwide.
  "White Paper" expected end of this year, total as_set_s of China's private investment will be close to 100 trillion yuan, nearly 38.3 million high net worth individuals. The main force of China's rich are "after 60" and "70 after", in which men accounted for more than Qi Cheng. Rich industrial and investment is the main source of wealth. They most often "born in" trade, manufacturing, finance, real estate and IT industry and other industries. In recent years, TMT (Technology / Media / Communications), energy, logistics, medical and health industry has also become the cradle of high net worth individuals. Data show that 76.8% of the wealthy from private enterprises, of which 64.1% are private business owners.
  From the geographical point of view, Guangdong, Zhejiang, Jiangsu, Beijing, Shanghai and the five rich rich, nearly 53% of high net worth individuals gathered here. It is worth mentioning that this part of the population is also affected by their financial preferences of industry, geographical impact. Survey data show that financial practitioners minimum allocation of cash and deposits; real estate tycoons You Sicheng capital investment of about the housing market; Shanxi rich prefer cash, deposits, and Beijing, Shanghai, Regal is a large number of the alternative investments. Overall, with the expansion of as_set_s, high net worth individuals risk aversion gradually.
  In addition to luxury consumption and investment, China's richest more willing to participate in charity and collection. According to the survey, about 11.8% of high net worth individuals are often involved in charitable activities. "White Paper" that China is becoming rich and charitable financial needs of the new Chinese philanthropy has great potential.
  Of: Wang Jie (Source: Beijing Morning Post)
  (Editor: LIU Yu-zhou)
Translated by Google

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