Caixin OnlineBusiness & IndustryTop Stories Industry Nearly 20 Mln Households 'Own Assets of More Than 3.05 Mln Yuan'
01.15.2013 17:32

Nearly 20 Mln Households 'Own Assets of More Than 3.05 Mln Yuan'

Average annual income of the top 1 percent of wealthy households in China is 1.51 million yuan, academics find
By staff reporter Li Yuqian
a

(Beijing) – Some 19.38 million households in China own assets of more than 3.05 million yuan each, according to a survey by academics.

Some 9.8 million of those households own assets exceeding 5 million yuan, the survey found, and 3.7 million own assets of over 10 million yuan.

The survey was performed by researchers from the Survey and Research Center for China Household Finance at Southwestern University of Finance and Economics in Chengdu, Sichuan Province.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Transparency Time

After securing clients in 170 countries, the telecom gear-maker Huawei is stepping out of the shadows


Issue 87
March, 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Transparency Time
After securing clients in 170 countries, the telecom gear-maker Huawei is stepping out of the shadows
Issue 87
03.01.2015

Subscribe       |       Newsletter        |        FAQ