Recruiting in China

Chinanews, Beijing, October 16 ¨C Recent statistics show that there are about 320 thousand rich people in the Chinese mainland, with a total wealth $1.59 trillion, making China second on the top-10 list of rich people in Asia, the first being Japan.

Although of the rich Chinese from Hong Kong have the highest personal wealth, the Chinese mainland still ranks second, with each of the rich there having an average wealth of $5 million.

Though China only contributes 13.5% of rich people to the Asian-Pacific Region, their impressive personal wealth gains them a high mark, thanks to the rapid economic growth of the country. The number of extremely rich people in China is growing very fast, too. As a matter of fact, 29.1% of Asian extremely rich people came from the country, especially the big cities in 2005, according to a probe that year.

Rich people in China gained their wealth through industrial and commercial investment, funds and stock right. However, only 14% of their investment is used to buy stock shares, the lowest in the eight world markets.