Chinese Luxury Consumer Survey and Hurun Best of the Best Awards 2017

Source:胡润百富 Author: IssueTime:2017-01-15

(19 January 2017, Shanghai) The Hurun Research Institute today released the Hurun Best of the Best Awards 2017, based on the results of the Hurun Report Chinese Luxury Consumer Survey 2017.

90% of Chinese millionaires are confident in China’s economic development

 

Emigration numbers down to lowest in 5 years

 

Appetite for luxury up 20%

 

Hurun Report releases Chinese Luxury Consumer Survey and Hurun Best of the Best Awards 2017

 

l  Appetite for luxury by Chinese luxury consumers bounces back 20%, returning to its 2013 level.

l  Apple is the gift of choice for Chinese New Year, followed by Cartier and LV. Moutai and Chanel shoot into Top 5. Samsung drops out this year’s list.

l  The Hurun China Business Confidence Index, an index measuring the confidence in the economy going forward two years, rose for the fourth consecutive year: over 90% are confident in the economy going forward.

l  Investment: Real estate overtakes equities as the most popular investment, partly due to the booming housing market and poor stock performance in China last year. 64% believe a stable price rise in real estate in next two years. Equities dropped 5% to the second place followed by fixed income.

l  Immigration: 44.5% are not considering emigration, hitting a record high.  Having said that, almost half are still considering emigration.

l  Travel. Chinese luxury consumers continue to be extremely busy, away on business trips for 8 days a month on average. Despite this, they take 10 days and super-rich take 15 days holiday respectively and go abroad 3.4 times a year on average.

l  Luxury travel destination: Maldives moves ahead of France into the top slot for the first time ever. US drops into third place. UK shoots into the sixth on the back of a cheaper pound.

l  Collecting: There is a rising number of people who enjoy collecting this year, up 5%. Chinese ink painting and watches continued to lead the way.

l  Hurun Happiness Index. Overall very happy, but slightly down to 7.7 points out of 10. Work satisfaction lower than private life satisfaction. Super rich score higher on Happiness Index.

l  Health: Jogging, golf and swimming still hold their leading position as the preferred sports for men, with yoga the preferred sport for women.

l  US is the destination of choice to educate overseas. UK ranks second followed by Canada, which overtook Australia.

l  Shanghai, Beijing and New York are considered to be the most important cites in next 10 years.

 

(19 January 2017, Shanghai) The Hurun Research Institute today released the Hurun Best of the Best Awards 2017, based on the results of the Hurun Report Chinese Luxury Consumer Survey 2017. This is the thirteenth consecutive year Hurun Research has revealed the brand preferences, consumption habits and lifestyle trends of China’s wealthiest individuals. Widely regarded as an ISO9000 for China’s luxury sector, the CLCS has become a benchmark for the luxury sector.

 

Between Sep and Dec 2016, the Hurun Research Institute, a wholly-owned subsidiary of Hurun Report Inc, surveyed 449 Mainland Chinese ‘millionaires’, defined as individuals with a personal wealth of RMB 10 million (equivalent to USD 1.4 million). Amongst them were 62 super-rich (12%), defined as individuals with wealth of RMB 100 million (USD 14 million). Their average wealth was USD 6.7 million; the average age was 38 years, one year older than last year; the ratio of men to women surveyed was 6:4. Respondents were from more than 40 cities, 60% coming from the first tier cities of Beijing, Shanghai, and Guangzhou. The Hurun Research Institute has carried out this survey now for 13 years running, surveying 6101 millionaires making this the largest and most authoritative survey of its kind in China.

 

This press release is an executive summary of the Chinese press release. For the full press release, please refer to the Chinese-language version on the www.hurun.net.

 

 

Gifting

Apple continues to be the preferred brand for gifting by men. Cartier came up to second and LV dropped to third. Moutai shoot into Top 5, followed by Chanel and Bulgari. Gucci and Dior both saw a sharp decrease this year.

 

The ‘Big Three’ brands for gifting by women were again Chanel, LV and Apple, however in a different position. LV climbed up to take the crown, Apple was second, while Chanel lost its first position and down to third. The Star Performer: Bulgari has maintained an upward trend this year, rising 5 positions to the fourth.

 

  Best Brand for Gifting by Men                  Best Brand for Gifting by Women


Brand

% of respondents



Brand

% of respondents

1 -

Apple

25.2%


1↑

LV

15.6%

2↑

Cartier

11.0%


2↑

Apple

14.1%

3↓

LV

7.1%


3↓

Chanel

11.3%

4↑

Moutai

5.6%


4↑

Bulgari

5.7%

5↑

Chanel

5.5%


5↓

Cartier

4.2%

6 *

Burberry

3.3%


5↑

Hermes

4.2%

7 ↑

Bulgari

3.2%


7 *

Montblanc

2.8%

8 *

Wuliangye

3.1%


7↑

Dior

2.8%

9 -

Hermes

2.4%


9↓

Gucci

1.4%

10↓

Gucci

1.6%


9 *

Prada

1.4%

11↓

Dior

1.5%



Source: Hurun Best of the Best – Chinese Luxury Consumer Survey 2017

↑ Ranking up   ↓ Ranking down  - no change  * New to the Top 10

 

Watch, Electronic product and red wine are still top 3 of the best gifts for men. Jewelry continues to be the preferred gift for women, followed by cosmetics and accessory. Almost a half of respondents chose health product for elderly. For children, electronics was still the top option. Overall, category of gift giving didn’t change a lot and gift giving has maintained an upward trend. Especially, travel vouchers saw a significant increase this year.

Gifting by category


Best   Gifts for Men

Ratio



Best Gifts for Women

Ratio

1 -

Watch

23.0% (+1.8%)


1 -

Jewelry

26.6% (-2.5%)

2 -

Electronic Product

15.0% (-1.5%)


2 -

Cosmetics

17.8% (+2%)

3 -

Red Wine

10.9% (-3.1%)


3 -

Accessory

16.9% (+1.5%)

4↑

Cigars

10.2% (+2.5%)


4 -

Fashion   Apparel

12.5% (+0.6%)

5↓

Premium baijiu

9.1% (+1.2%)


5↑

Travel   vouchers

6.2% (+1.9%)

6 -

Imported spirits

8.8% (+1.3%)


6 -

Watch

5.5% (-0.9%)

7 -

Apparel

6.2% (+0.3%)


7↓

Electronic   products

3.7% (-2.8%)

7↑

Accessories

6.2% (+1%)


8↑

Art

4.2% (+1.5%)

9↑

Travel voucher

4.3% (-0.1%)


9↓

Gift cards

4.0% (+1.1%)

10↓

Art

3.7% (-1.4%)


10 -

Health   Product

1.7% (-0.1%)

Source: Hurun Best of the Best – Chinese Luxury Consumer Survey 2017

↑ Ranking up   ↓ Ranking down  - no change  * New to the Top 10

 


Best Gifts for Elderly

Ratio



Best Gifts   for Children

Ratio

1 -

Health Product

34.8% (-1%)


1 -

Electronic   Products

38.0% (-2%)

2

Travel voucher

24.2% (+5.7%)


2 -

Toys

32.3% (+6.2%)

3

Medical Products

19.6% (+0.2%)


3 -

Fashion   Apparel

15.0% (+2.8%)

4 -

Gift Card   Voucher

5.8% (+0.2%)


4 -

Watch

5.4% (-0.8%)

4 -

Alcohol

5.8%


5 -

Car

3.2% (+0.3%)

Source: Hurun Best of the Best – Chinese Luxury Consumer Survey 2017

↑ Ranking up   ↓ Ranking down  - no change  * New to the Top 5

 

 

The Hurun Business Confidence Index noted that over 90% respondents are positive on the Chinese economy. However, only 28% are ‘extremely confident’ in the economy, down from the 35.8% of 2 years ago.

 

CMB was crowned best credit card and HSBC topped best foreign bank for personal banking both for the thirteenth consecutive year.

Alipay is the preferred method of payment, overtaking credit cards, Wechat and cash.

 

                                             

Source: Hurun Best of the Best – Chinese Luxury Consumer Survey 2017

Blue: Extremely confident   Yellow: Confident   Grey: Not confident

 

 

Personal Investments

Real estate overtakes stock to become the most popular investment for respondents, which can be contributed to a booming housing market in China last year. 64% of respondents believe a stable price rise in real estate in next two years. Stock dropped 5% to the second place followed by fixed income with 11%.

 

28% regard themselves as the most trusted financial advisor, followed by private banks with 22% and friends with 18%.

 

 

Consumption

Travel, luxury good and children’s education are still the highest expense for respondents. Children’s education overtakes luxury good to the second place.

 

 

Travel

Travel is the number one leisure activity for Chinese richest. Average travel time increased 3 day per month, with 10 days.

 

Maldives was crowned the preferred international luxury travel destination.

 

Domestically, Sanya is still the number one preferred luxury travel destination for the seventh consecutive year.

 


Preferred International Luxury Travel   Destination



Preferred Domestic Luxury Travel Destination

1

Maldives


1 -

Sanya

2

France


2

Tibet

3

US


3

Hong Kong

4

Australia


4

Yunnan

5

Japan


5

Taiwan

6

UK


6

Macau

7 -

Hawaii


7

Qingdao

8

Dubai


8 -

Hangzhou

9

Canada


9

Changbai Mountains

10

Switzerland


10

Xiamen

11

Italy


11

Xinjiang

12

New Zealand


12

Dalian

13

Thailand


13

Beijing

14 -

Singapore


14

Sichuan

15 *

Germany


15

Shanghai

Source: Hurun Best of the Best – Chinese Luxury Consumer Survey 2017

↑ Ranking up   ↓ Ranking down  - no change  * New to the Top 15

 

 

Health Management

Jogging is the most popular sports by Men’s richest, while yoga came top of most preferred sports by women.

 

Preferred Sports by Men               Preferred sports by Women


Sports

Ratio



Sports

Ratio

1 -

Jogging

21.0%


1

Yoga

22.5%

2

Golf

19.2%


2

Jogging

21.5%

3

Swimming

18.2%


3 -

Swimming

12.3%

4

Climbing

8.5%


4 -

Golf

8.9%

5

Skiing

6.1%


5 -

Skiing

7.3%

5

Badminton

6.1%


6

Badminton

6.3%

7

Tennis

4.9%


7

Diving

6.0%

8

Diving

4.2%


8

Climbing

5.1%

9 -

Horse Riding

3.0%


9

Horse Riding

4.4%

10 -

Yoga

2.6%


10 -

Tennis

1.9%

Source: Hurun Best of the Best – Chinese Luxury Consumer Survey 2017

↑ Ranking up   ↓ Ranking down  - no change

 

17% of respondents don’t drink.

 

Social Responsibility

Taxation bounced back to become the preferred way for entrepreneurs to implement social responsibility, followed by philanthropy.

 

Two Tencent founders, Pony Ma and Chen Yidan, donate US$2.1bn and US$615m, becoming China’s Most Generous. He Qiaonv of Orient Landscape ranks the third, her US$450m donation makes her the most generous female philanthropist. (Reference: Hurun Philanthropy List 2016)

 

Information Source

Social network remains as the main source of information. WeChat makes more people relying on digital media, which is especially obvious within under 30 year old respondents.

 

Luxury CPI

 

In 2016, luxury property price has increased most reached 13% which is close to the gains of 2014 compared to last year 1.9% decline; followed by healthcare, which is increasing for three consecutive years, up 11.7% this year; top school education price has been in uptrend for one decade and increase from last year which reach 6.2%; this year, luxury travel market has recovered the uptrend compared with the last two years, rose 5%. Wedding market, which enjoyed the highest increase last year, has stably increased by 5% this year. Watch and Jewelry has overall increased 3.9% after a fall of 3.6% last year; luxury accessories and cosmetic products have increased 2.9% after a strategic reduction of 2.9% last year; Leisure entertainment has rose by 1% this year after 0.6% declined last year; jets and yachts has recovered 1% after a bigger declined by 10.5% last year; Prices of luxury liquor and tobacco and luxury cars are the only two categories which have declined for two consecutive years, by 0.2% and 1.3%, respectively.

(Source: Hurun Luxury CPI 2016)

 

Market Size

By May of 2016, the number of dollar millionaires in mainland China reached 3.38 million, an increase of 240 thousand from previous year, an increase of 7.6%.

 

Hurun Rich List 2016 swells to 2056 individuals, up record-breaking 179 with same cut-off of CNY 2bn (US$310m) as last year. 594 dollar billionaires, despite of a slight decrease, propelling China ahead of the US for the second consecutive year. Greater China now has 754 dollar billionaires, after adding in 94 billionaires from HK, Taiwan and Macao. This compares with only 535 in the US, according to the most recent Hurun Global Rich List.

 

Guangdong is the preferred city of residence for most of 10 million RMB China’s HNWIs, with 240 thousand, increased by 17.7%. Beijing at second place with 238 thousand, up 24 thousand from last year, followed by Shanghai with 205 thousand (up 24 thousand) and Zhejiang with 160 thousand (up 14 thousand). The 4 provinces create 843 thousand China’s HNWIs, accounting for 63% of the country’s total. (For more details, please refer to the appendix below)

 

Awards

The Best of the Best is for the overall winner of a category. The Star Performer is for the product / service with the best year on year performance. The Best New Arrival is for a product / service launched into China in the past 12 months that has shaken up the market.

 

 

 

Hurun Best of the Best Awards 2017

 

Jewelry & Watch & Fashion


Best Brand for Gifting by Men

Apple

Brand for Gifting by Men Star   Performer

Moutai

Best Brand for Gifting by Women

Louis Vuitton

Brand for Gifting by Women Star   Performer

Bulgari

Best Jewelry

Cartier

Jewelry Star Performer

Piaget

High-Jewelry Best New Arrival

Cartier Magicien

High-Jewelry Best New Arrival

Van Cleef & Arpels Ballet Précieux

Domestic High-end Customized Jewelry   Best New Arrival

Sense Jewelry

Best Overall Watch

Patek Philippe

Overall Watch Star Performer

Blancpain

Best Watch with High Complications

Patek Philippe

Watch with High Complications Star Performer

IWC

Watch with High Complications Best New   Arrival

Vacheron Constantin OVERSEAS

Best Jewelry Watch

Bulgari

Best Shoes For Women

Jimmy Choo

Best Fashion Label For Men

Giorgio Armani

Fashion Label For Men Star Performer

Hugo Boss

Bespoke Tailoring Star Performer

De Jue Bespoke Tailor

Best Fashion Label For Women

Chanel

Fashion Label For Women Star Performer

Gucci

Best Accessory for Men

Cartier

Accessory for Men Star Performer

Dior

Best Accessory for Women

Chanel

3C & Furniture


Smartphone Best New Arrival

Huawei Mate 9

Premium HDR TV Star Performer

Sony Z9D 4K HDR TV

Best Smart TV

LeTV

Premium Professional Camera Star   Performer

Hasselblad

Premium Professional Camera Best New   Arrival

Leica M10

Luxury Office Supplies Best New   Arrival

Casio Calculator S200

Best Kitchen Appliance

Miele

Multi-Category Dish Washer Star   Performer

Fotile

Best Luxury Furniture Experience Center

Da Vinci

Furniture Experience Center Star   Performer

Louvre Casa

Bathroom Star Performer

American Standard

Best Hand Painted Wallpaper

de Gournay

Best Customized Mattress

My Side

Luxury Bedding Brand Best New Arrival

RESTIER

Customized Luxury Hometex Star   Performer

Royalcover

Best High-end Fireplace Brand

Canature

Best Piano

Steinway & Sons

Best Home Entertainment System

Bang & Olufsen

Cars


Best Luxury Car Brand

Mercedes-Benz

Luxury Car Brand Star Performer

Lincoln

New Energy Car Best New Arrival

Tesla Model S  P100D

Electric Car Best New Arrival

LeSEE

Best Super Luxury Executive Car

Rolls-Royce Ghost

Best Luxury Executive Car

Mercedes-Benz S-Class

Luxury Executive Car Best New Arrival

Volkswagen Phideon

Luxury Executive Car Best New Arrival

Volvo S90L

Best Executive Car

Mercedes-Benz E-Class

Executive Car Star Performer

Jaguar XFL

Best Super Luxury Car for Self-Drive

Rolls-Royce Wraith

Super Car Best New Arrival

Aston Martin DB11

Best Supercar

Ferrari 488GTB

Supercar Best New Arrival

Ford GT

Mini Supercar Best New Arrival

Porsche 718 Boxster

Best High Performance Sports Car

Audi R8

Sports Car  Star Performer

Audi RS6

Best Luxury SUV

Range Rover

Luxury SUV Star Performer

Porsche Macan

Luxury Middle-large Size SUV Star   Performer

Lincoln MKX

Luxury SUV Best New Arrival

Maserati Levante

Luxury SUV Best New Arrival

Mercedes-Benz GLC Coupe

Best Luxury MPV

Toyota Alphard

MPV Star Performer

Buick GL8

Best Classic Car Museum

Sanhe Classic Car Museum

Best National Motorsports Championship

China GT

Best Premium Second Hand Car Platform in   Guangdong

AKD

Business Jets & Yachts


Best Business Jet Brand

Gulfstream

Best Ultra Long Range Business Jet

Dassault Falcon 7X

Ultra Long Range Business Jet Best New   Arrival

Dassault Falcon 8X

Light Business Jet Star Performer

Embraer Phenom 300

Ultra Long Range Business Jet Star   Performer

Bombardier Global 6000

Domestic Business Jet Operator Star   Performer

Sino Jet

International Business Jet Operator   Star Performer

HK Bellawings Jet

Best Business Jet Operator

Deer Jet

Heli-flight Network of Pearl River   Delta Region Best New Arrival

Astro Air

Business Jet Operator Star Performer

VistaJet

Best Business Jet Financier

Minsheng Financial Leasing

Best Super Yacht

Lurssen

Best Luxury Yacht

Ferretti

Best Sailing Brand

Beneteau

Drinks & Smokes


Best Premium Imported Spirits Brand

Hennessy

Best Premium Whisky

Royal Salute

Premium Whisky Star Performer

Johnnie Walker Blue Label

Best Whisky Brand

Chivas

Best Single Malt Whisky

Macallan

Single Malt Best New Arrival

Singleton

Best Ultra Luxury Cognac

Louis XIII

Best Cognac Brand

Martell

Best Champagne Brand

Moet & Chandon

Best Prestige Champagne

Dom Perignon

Best Baijiu Brand

Moutai

Baijiu Brand Star Performer

Shuijingfang

Fine Wine Best New Arrival

Ao Yun

Chilean Wine Star Performer

Casa Sol

Sweet Wine Star Performer

Longview Estate White Diamond Sweet Wine

Luxury Tea Brand Star Performer

Runyan Fine Oolong Tea

Wellness Honey New Arrival

Bee The Best

Best Premium Cigarette

Chunghwa

Best Super Luxury Cigarette Brand

Panda

Best Cigar Brand

Davidoff

Hotels & Airlines & Travel   Destinations


Best Luxury Hotel Brand

The Ritz-Carlton

Luxury Hotel Brand Star Performer

Banyan Tree

Luxury Hotel Brand Star Performer

Fairmont

Best Luxury Boutique Hotel Brand

Aman

Best Upscale Business Hotel Brand

Hilton

Upscale Business Hotel Star Performer

Marriott

Upscale Business Hotel Star Performer

Wanda Hotels & Resorts

Beijing


Luxury Hotel in Beijing Star Performer

NUO Hotel Beijing

Luxury Hotel in Beijing Region Star Performer

Four Seasons Hotel Beijing

Luxury Business Hotel in Beijing Star   Performer

Ritz-Carlton Beijing Financial Street

Shanghai


Best Luxury Hotel in Shanghai

Pudong Ritz-Carlton

Luxury Hotel in Shanghai Best New   Arrival

Wanda Reign on the Bund

Hotel F&B in Shanghai Star   Performer

Mandarin Oriental Pudong, Shanghai

Luxury Hotel in Shanghai Star   Performer

Fairmont Peace Hotel in Shanghai

Moganshan


Best Moganshan Luxury Resort

Naked Resort

Best Moganshan Luxury Boutique Hotel

Le Passage Mohkan Shan

Changsha


Luxury Hotel in Changsha Best New   Arrival

Meixi Lake Hotel, A Luxury Collection   Hotel, Changsha

Chengdu


Best Luxury Hotel in Chengdu

The Temple House

Luxury Hotel in Chengdu Best New   Arrival

Fairmont Chengdu

Luxury Resort Hotel in Chengdu Star Performer

Six Senses Qing Cheng Mountain

 Best Luxury Restaurant in Chengdu

Royal Court Restaurant at Diaoyutai   Boutique Hotel Chengdu

Chongqing


Luxury Hotel in Chongqing Best New   Arrival

Regent Chongqing

Luxury Hotel in Chongqing Star   Performer

Banyan Tree Chongqing Beibei

Sanya


Luxury Hotel in Hainan Star Performer

The St. Regis Sanya Yalong Bay Resort

Best Eco-life Hotel in Maldives

Soneva Hotel

Best International Luxury Travel   Destination

Maldives

International Luxury Travel Destination   Star Performer

UK

Best Domestic Luxury Destination

Sanya

Domestic Luxury Destination Star   Performer

Qingdao

Domestic Luxury Destination Star   Performer

Xiamen

Best International Business / First Class

Singapore Airlines

Best First Class from China to Europe

Air France

Business Class to Europe Star Performer  

British Airways

Best North American Airline Serving China

United Airlines

Middle East Airlines Best New Arrival

Etihad Airways

Best Domestic Business / First Class

China Eastern Airlines

Best Luxury Travel Retail

DFS

Best London Luxury Shopping Destination

Harrods

Best British Jewelry Watch

Backes & Strauss

Finance, Auction & Services


Best Domestic Private Bank

China Merchants Bank

Domestic Private Bank Star Performer

Industrial Bank

Best Foreign Bank for Personal Banking

HSBC

Best Offshore Private Bank for Ultra High   Net Worths

UBS

Best Offshore Private Bank

UBS

Offshore Private Bank For Ultra High   Net Worths Star Performer

Credit Suisse

Foreign Bank for Personal    Banking Star Performer

Standard Chartered

Portfolio Management Private Bank Star   Performer

Bank of Beijing

Best Bank for Global Chinese in USA

East West Bank

Best Bank for Global Chinese in UK

Bank of China UK

Best Independent Financial Adviser

CreditEase

Independent Financial Adviser Star   Performer

Haiyin Wealth

Best Prestige Retirement Planning Brand

Taikang

Health and Wealth Management   Institution Star Performer

Taikang Life Insurance Healthcare and   Wealth Management Center for HNW Clients

Senior Living Community Best New   Arrival

Taikang Home - Shen Garden

Best Method of Payment

Alipay

Best Credit Card

China Merchants Bank

Best International Credit Card Brand

VISA

Best Insurance Brand

China Life

Multi-currency Credit Card Best New   Arrival

American Express Blue Card

Heritage Financial Products for High   Net Worths Best  New Arrival

AIA The best for the best

Best International Auction House

Christie's

Best Domestic Auction House

China Guardian Auction

Best Art Media

Artron

Best Security Service

China City Guard

Security Box Star Performer

GuanFu Treasury

Study Abroad & Immigration


Best Country for Overseas Study

USA

Country for Overseas Study Star   Performer

Germany

Best Country for Immigration

USA

Best High-end Overseas Study Brand

BE Education

Best EMBA

Cheung Kong Graduate School of Business

Best Immigration Advisor in Eastern China

Visas Consulting Group

Immigration Advisor Star Performer

Wailian Overseas Consulting

Business School Best New Arrival

Hupan University

Property


Real Estate Development in SE Asia Best   New Arrival

Forest City

International Residential Services   Star Performer

Global House Buyer

Best San Francisco Bay Area Luxury Real   Estate Advisor

Pacific Union

Best Luxury Real Estate Advisor in UK

Knight Frank

Best Luxury Homebuilder in London

Berkeley

Global Luxury Real Estate Network Star   Performer

Christie's International Real Estate

Wellness


Best Health Management Institution

iKang Evergreen Medical International

Best Spa

Banyan Tree Spa

Overseas Medical Consulting Services   Star Performer

Saint Lucia Consulting

Best Presentation Award for Premium   Health Institution of Anti-Senile & Cancer

Life Infinity

Clubs


Best Private Club in China

Chang An Club

Best Private Club in Shanghai

House of Roosevelt

Best Private Museum in Shanghai

Long Museum

Best Equestrian Club in Beijing

Reignwood Polo Club

Best Polo Club in Beijing

Tang Polo Club

Best Equestrian Club

Heilan Equestrian

Best Equestrian Park in Chengdu

Jinma International Equestrian Sports   Park

Domestic Private Art Museum Star   Performer

ShenYu Art Museum

Private Membership Club in Shanghai   Best New Arrival

Club 33

Equestrian Club in Shanghai Best New   Arrival

County Down Club

Luxury Private Club in UK Best Bew   Arrival

Ten Trinity Square Private Club by   Reignwood

Culture Creative Best New Arrival

Shanghai Stamp Coin and Card Exchange



Hall of Fame

UBS

Hall of Fame

Mercedes-Benz

Hall of Fame

House of Roosevelt

 

Appendix:



No. of   people with RMB 6 million in 2016

Increase   by

No. of   people with RMB 10 million in 2016

Increase   by

No. of   people with RMB 100 million in 2016

Increase   by

No. of   people with dollar 30 million in 2016

Increase   by

1

Guangdong

592,000

10.86%

240,000

17.65%

14,000

17.65%

9,000

17.19%


Shenzhen

146,300


66,000


4,720


3,060



Guangzhou

137,400


57,200


3,620


2,270



Zhuhai

15,300


6,800


400


330



Foshan

62,300


26,100


1,400


930



Dongguan

48,600


20,900


1,280


840



Shantou

14,400


6,150


580


260


2

Beijing

580,000

9.43%

238,000

11.21%

15,600

16.42%

10,000

14.94%

3

Shanghai

501,000

8.91%

205,000

13.26%

12,700

16.51%

8,700

20.00%

4

Zhejiang

439,000

7.07%

160,000

9.59%

10,300

17.18%

7,400

19.16%


Hangzhou

105,200


41,200


2,860


2,130



Ningbo

74,600


28,200


1,860


1,370



Wenzhou

47,800


18,100


1,260


920



Shaoxing

45,500


17,000


1,190


880


5

Jiangsu

250,000

7.30%

98,000

11.36%

6,750

14.41%

4,800

21.52%


Nanjing

34,600


15,500


1,100


790



Suzhou

53,700


22,100


1,770


1,260



Wuxi

37,500


16,200


1,160


780


6

Fujian

129,000

9.32%

48,000

9.09%

3,300

13.79%

1,900

11.76%


Fuzhou

28,800


10,800


890


510



Xiamen

20,300


8,200


720


420



Quanzhou

29,400


11,400


800


460


6

Shandong

129,000

6.61%

46,900

7.32%

3,200

14.70%

2,100

22.81%


Qingdao

24,400


9,650


730


470



Yantai

13,700


5,390


430


280



Jinan

11,500


4,330


260


170



Zibo

8,580


3,210


240


160



Weifang

10,300


3,820


260


170



Weihai

6,940


2,910


200


130


8

Liaoning

83,600

0.48%

32,000

0.95%

2,050

1.99%

1,300

11.11%


Dalian

23,800


9,760


620


380



Shenyang

21,800


8,770


560


330


9

Sichuan

80,700

4.81%

32,400

6.58%

2,480

10.71%

1,400

15.70%


Chengdu

30,000


14,500


1,360


780


10

Tianjin

57,600

4.16%

23,600

5.36%

2,000

8.70%

1,330

19.82%

11

Henan

55,400

5.32%

23,100

7.44%

1,720

10.97%

960

11.63%


Zhengzhou

12,100


5,570


600


340


12

Shanxi

48,900

0.62%

16,100

1.26%

1,440

2.13%

740

4.23%


Taiyuan

9,790


3,540


350


210


13

Hunan

46,600

3.33%

17,900

4.07%

1,060

7.07%

600

3.45%


Changsha

13,900


6,270


420


240


14

Hebei

45,700

1.56%

17,500

2.34%

1,390

2.96%

730

5.80%


Shijiazhuang

8,000


3,090


310


150



Tangshan

8,560


3,300


260


134


15

Shanxi

44,400

2.30%

17,000

3.66%

1,060

4.95%

620

5.08%


Xian

15,600


6,630


530


310


16

Hubei

43,300

6.39%

18,000

9.09%

1,500

13.64%

840

15.07%


Wuhan

16,700


7,570


790


440


17

Chongqing

42,300

7.36%

15,700

9.79%

1,120

15.46%

710

16.39%

18

Inner   Mongolia

32,500

1.56%

13,300

2.31%

850

3.66%

400

5.26%


Hohhot

5,250


2,280


140


70



Ordos

7,650


3,270


280


130



Baotou

6,570


2,810


170


80


19

Heilongjiang

32,300

0.31%

12,500

0.81%

830

1.22%

440

0.00%


Harbin

14,500


5,940


460


240


20

Anhui

26,800

4.69%

11,500

6.48%

1,190

10.19%

660

10.00%


Hefei

7,200


3,310


390


220


21

Jiangxi

26,700

5.12%

11,800

7.27%

1,110

11.00%

640

10.34%


Nanchang

6,240


2,970


410


180


22

Jilin

23,300

4.02%

9,500

5.56%

610

8.93%

280

7.69%


Changchun

8,800


3,710


300


140


23

Yunan

17,200

6.83%

8,200

9.33%

810

14.08%

470

14.63%


Kunming

5,070


2,700


320


190


24

Guangxi

16,500

6.45%

7,200

9.09%

570

14.00%

280

16.67%


Nanning

3,330


1,700


170


80


25

Hainan

10,600

4.95%

5,200

8.33%

230

9.52%

150

15.38%


Sanya

1,210


630


34


20



Haikou

3,170


1,610


82


50


26

Guizhou

9,700

10.23%

4,410

13.08%

450

18.42%

230

21.05%


Guiyang

3,160


1,350


200


100


27

Xinjiang

7,700

0.00%

3,800

2.70%

300

0.00%

100

0.00%


Urumchi

2,700


1,470


140


46


28

Ningxia

2,700

3.85%

1,100

10.00%

130

8.33%

80

14.29%


Yinchuan

1,330


590


75


46


29

Gansu

2,200

0.00%

890

-1.11%

100

0.00%

60

0.00%


Lanzhou

800


360


45


27


30

Qinghai

2,100

5.00%

850

6.25%

80

14.29%

50

0.00%


Xining

1,020


460


40


30


31

Tibet

1,200

9.09%

550

10.00%

70

16.67%

30

0.00%


Lhasa

470


230


32


15



Total

3,380,000

7.64%

1,340,000

10.74%

89,000

14.10%

57,000

16.33%

 

About Hurun Report Inc.

 

Nobody Knows China’s Rich Better!

 

Established as a research unit in 1999 by British accountant Rupert Hoogewerf, Hurun Report Inc. has grown into a leading research house, media and lifestyle investments business based in Shanghai, China, best-known for its rankings of the richest people in China, India and the rest of the world.

 

Hurun Report Inc. has four divisions: Hurun Research Institute; Hurun Media; Hurun Conferences and Training, an active events division targeting entrepreneurs and high net worth individuals; and Hurun Lifestyle and Investments, with investments in education, interior design, horses, bespoke tailoring, media and retail.

 

 

For further information, see www.hurun.net

 

For media inquiries, please contact:

Hurun Report

Porsha Pan

Tel: +86-21-50105808*601

Mobile: +86-139 1838 7446

Email: porsha.pan@hurun.net