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

(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
Sign up to receive our free daily newsletter


Latest Issue
On the Cover:

Bonds on the Brink

Issue 101
May , 2016



Economics & Finance
Latest Issue:
Bonds on the Brink
An interbank bond trading platform is reeling over a state-owned company’s debt crisis, prompting a regulatory review
Issue 101

Subscribe       |       Newsletter        |        FAQ