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