Some 130,000 Chinese families had net wealth of at least 100 million yuan last year, a new survey shows. Photo: AFP
Some 130,000 Chinese families had net wealth of at least 100 million yuan last year, a new survey shows. Photo: AFP

Number of rich Chinese families stays steady as Xi Jinping vows to tackle wealth inequality

  • China had 2.06 million families worth more than 10 million yuan (US$1.4 million) last year, up from 2.02 million in 2020, a new survey shows
  • The total assets of China’s high-net-worth families rose from 126 trillion yuan in 2020 to 160 trillion yuan in 2021, according to the report

Some 130,000 Chinese families had net wealth of at least 100 million yuan last year, a new survey shows. Photo: AFP
Some 130,000 Chinese families had net wealth of at least 100 million yuan last year, a new survey shows. Photo: AFP
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