|
China has 236,000 "rich people"
(Shenzhen Daily)
Updated: 2004-09-14 17:14 China had about 236,000 wealthy people, each with
more than US$1 million in assets in 2003, the Shenzhen Economic Daily said
Monday, quoting a report in the Guangzhou-based 21st Business Herald.
The report, compiled by the Merrylin Group, said China, with an increase of
12 percent over the previous year, was second behind India which had a
22-percent increase in the number of wealthy people, reported Shenzhen Daily.
The wealth is calculated on financial assets, not including housing. Their
total assets average 34 million yuan (US$4.1 million), according to the report.
Merrylin employed a special method of calculating wealth. It first estimated
the total wealth of a country and then calculated the wealth distribution among
adults. The calculations include shareholdings, bonds, funds and cash while
excluding antiques, property and consumer goods.
| |
 |
|
|
|
|
Today's
Top News |
|
|
|
Top China
News |
|
|
|
|
|
|
|
|
|
