number of chinese millionaires nears 1m
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Number of Chinese millionaires nears 1M

Arab Today, arab today

Arab Today, arab today Number of Chinese millionaires nears 1M

Beijng - UPI

The number of Chinese with personal wealth of $1.5 million or more total 960,000, thanks to China's explosive economic growth, says an annual report. The latest number of millionaires on the mainland is up 9.7 percent year-on-year, said the Group M Knowledge-Hurun Wealth Report 2011, China Daily reported. The Hurun report analyzes the number and distribution of China's wealthy across major cities and provinces. Group M Knowledge is a think tank. Of the 960,000, 60,000 were identified as super rich, with $15 million or more in personal wealth. The report credited rising property prices and China's fast-growing GDP as main reasons for the rising number of Chinese millionaires. The report said 55 percent of the Chinese millionaires earned their wealth from private businesses, 20 percent from real estate, and 15 percent from equity investment. The remaining 10 percent were identified as high-salaried executives. There were 875,000 millionaires in 2010 and 825,000 in 2009

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

number of chinese millionaires nears 1m number of chinese millionaires nears 1m

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

number of chinese millionaires nears 1m number of chinese millionaires nears 1m

 



GMT 10:10 2017 Thursday ,09 February

3 Important Elements You Have to Consider

GMT 04:03 2017 Monday ,24 April

Bella Hadid ‘dying’ to visit Palestine

GMT 19:25 2016 Wednesday ,25 May

The Brooklyn Desk by Oeuf NYC

GMT 07:49 2018 Friday ,05 January

2 Russian servicemen killed

GMT 07:58 2018 Monday ,01 January

Italy orders N. Korea's envoy to leave

GMT 08:45 2017 Wednesday ,20 December

US military imagines war without GPS

GMT 17:26 2017 Sunday ,17 December

Putin thanks Trump for help in foiling attack plot

GMT 22:19 2017 Monday ,16 October

Cairo-hosted Fatwa conf. new contribution

GMT 02:27 2016 Friday ,10 June

Video hints Japan abetting illegal ivory trade

GMT 07:04 2017 Wednesday ,19 April

1,883 Bahrainis found jobs in March

GMT 14:24 2016 Tuesday ,22 November

Citi and JPMorgan top list of ‘globally banks’
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday