China
        

Society

1m multimillionaires on Chinese mainland - report

Updated: 2011-08-25 18:22

(chinadaily.com.cn)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

About 960,000 people in Chinese mainland are worth more than 10 million yuan ($1,565,000), including 60,000 people worth 100 million yuan, according to the 2011 Hurun Wealth Report co-released on Wednesday by Hurun Research Institute and GroupM Knowledge Center, Beijing Times reported.

The number of multimillionaires has risen 9.7 percent in a year, and the proportion of males to females is 7 to 3, the report says.

The average age for multimillionaires is 39; for billionaires it is 43.

Beijing was the area with the most multimillionaires, 170,000; Guangdong province ranked second and Shanghai third.

By Chen Yingqun

Specials

Biden Visits China

US Vice-President Joe Biden visits China August 17-22.

Star journalist leaves legacy

Li Xing, China Daily's assistant editor-in-chief and veteran columnist, died of a cerebral hemorrhage on Aug 7 in Washington DC, US.

Hot pots

Tea-making treasures catch the fancy of connoisseurs as record prices brew up interest

My Chinese Valentine
Wen pledges 'open' probe
Turning up the heat