外文标题：China's super-rich grows record high of over 17,000 despite slowdown
BEIJING: The number of super-rich people in China has hit a record high of more than 17,000, despite the slowdown of the world's second largest economy, according to a new survey.
The total assets of the super-rich soared to 31 trillion yuan (over $five trillion), 10 times the GDP of Norway and 20 times that of the Philippines.
A study of "ultra-high-net-worth" individuals made by Hurun Report and China Minsheng Bank found that, as of the end of September, the number of mainlanders with assets worth at least 500 million yuan ($81.35 million) passed 17,000. It is the largest number in the 15 years since Hurun launched its first China wealth report.
"There were more ultra-high-net-worth individuals on the mainland this year than ever before, even though the threshold for being recognised as such - 500 million yuan - was also an all-time high. The number of China's super-rich has hit the record high thanks to the country's growing economy and the improving stock market," Rupert Hoogewerf, founder of Hurun Report was quoted as saying by the South China Morning Post.
Their average assets jumped from three billion yuan in 2008 to 6.4 billion yuan in 2014, while the number of people with more than 10 billion yuan in assets increased from 50 to 176 over the same period.
Patel Amit (Vadodara)
If you adopt one child policy this is natural. .. ... But the question is it good for a country? (especially in long run). .. ...
It's awesome news for indians.
A. S. Mathew (United States)
The modern extreme polarization of wealth flowing more to the extreme rich around the world has created a terrible situation; and that is the main reason the economy of the world is moving in this confused predicament. The middle class has far less income and the driving force of the economy of every where is the middle class, they are caught up in a very terrible situation.
Badal Chanda (Unknown)
Indians may be happy!
NK Gopal (Mumbai)
Shows the fault lines of market based economy
Ashwani Kumar (Unknown)
This is bound to happen and can not be stopped.
web presence (Pune)
It is a paradox in Economics. When there is economic slowdown, the rich get richer as they have money before slowdown. During slowdown, money market gets hit first and those who have money get smarter returns and increase wealth.
rajvir singh royal
how india will compete??
Kn Raghu (Hyderabad, Andhra Pradesh) replies to rajvir singh royal
But the quality of life is very poor, poor to rich ratio is very high job satisfaction is very less. raghu