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Top 10 regions with high net worth families in China

11/29/2022 Source: Chinadaily.com.cn

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China had 2.06 million high net worth families with more than 10 million yuan ($1.4 million), according to a report jointly released by the Hurun Research Institute and Citic Prudential, on Nov 20 in Shanghai.

The report, which covers China's high net worth family inheritance in 2022, shows China had 5 million affluent families with net worth of at least 6 million yuan, and 130,000 families that had net worth of at least 100 million yuan.

Guangdong province owns the largest number of high net worth families at 300,000 households, followed with Beijing, Shanghai and Hong Kong.

Let us take a look at the top 10 regions in China with families that have net worth of at least 10 million yuan.

Unit: households

No 10 Sichuan province (40,000)

This photo taken by a drone shows the SKP project under construction in Chengdu, Sichuan province, on Nov 23, 2022. [Photo/IC]

No 9 Shandong province (57,800)

Handicrafts are displayed at an exhibition center in Jinan, Shandong province, on Sept 16, 2022. [Photo/IC]

No 8 Fujian province (61,000)

The inner view of a villa hotel is seen on Gulangyu Island, Xiamen, Fujian province, on May 2, 2021. [Photo/IC]

No 7 Jiangsu province (124,000)

An artificial moon artwork installation is seen at the Deji Plaza in Nanjing, Jiangsu province, on Sept 8, 2022. [Photo/IC]

No 6 Taiwan (181,000)

Taipei 101 Tower, a landmark in Taipei, Taiwan, is seen in this photo. [Photo/VCG]

No 5 Zhejiang province (210,000)

An aerial view of the West Lake in Hangzhou, Zhejiang province, on Nov 23, 2022. [Photo/IC]

No 4 Hong Kong (211,000)

A view of the Victoria Harbor in Hong Kong, South China. [Photo/IC]

No 3 Shanghai (262,000)

Mickey and friends pose for a promotional photo in front of the entrance to Shanghai Disneyland in East China's Shanghai. [Photo provided to chinadaily.com.cn]

No 2 Beijing (298,000)

A view of the CBD in Beijing. [Photo/IC]

No 1 Guangdong province (300,000)

Skyscrapers border a lush green landscape in the central business district in Shenzhen, Guangdong province. [Photo provided to chinadaily.com.cn]