Millionaires 'positive' on economy

Updated 2017-01-20 09:21:20 Shanghai Daily

More than 90 percent of Chinese mainland millionaires "are positive on the Chinese economy in the next two years," according to a latest study.

It was higher than the previous year's 80 percent.

The percentage of respondents "extremely confident" in the Chinese economy rose to 28 percent from 27 percent recorded a year earlier, the Hurun Chinese Luxury Consumer Survey 2017 showed yesterday.

A record high of 44.5 percent of respondents said they would not consider emigration, revealed the Huron Research Institute's study, which surveyed 449 millionaires — individuals with a personal wealth of 10 million yuan (US.5 million) — in more than 40 mainland cities between September and December, with 60 percent of them in first-tier cities.

As high as 64 percent of respondents estimated a stable rise in housing prices in the next two years.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58July 23 2017 18:42:23

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16July 23 2017 18:42:23

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18July 23 2017 18:42:23

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords