Wealthy Chinese seek adventures on vacation

Despite a sluggish world economy, the expanding group of wealthy Chinese, especially millennials, is showing a bigger appetite for luxury travel, adding a bit to the members' spirit of adventure.

According to The Chinese Luxury Traveler 2017 Report - jointly released on Monday by Shanghai-based Hurun Re-search Institute, which observes the rich, and International Luxury Travel Market Asia - the average upscale traveler spent 380,000 yuan ($55,855) on family travel last year, 220,000 yuan of which was devoted to shopping, up 57 percent year-on-year.

This seventh report released by the two organizations covers wealthy travelers from 12 Chinese cities. The survey polled 334 affluent Chinese with an average personal wealth of 22 million yuan.