China 2013 Wealth Book

Published Date » 2013-10-31
No. Of Pages » 110
 This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in China. 
 The report focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country’s HNWIs have performed through the crisis. 
 There are 1.4 million HNWIs  and  9,087 UHNWIs  in China  in 2012. This report reviews the performance and asset allocations of HNWIs and Ultra HNWIs in Peru highlights top-performing cities. It also includes an evaluation of the local wealth management market.   
Table of Content

1 Introduction 
1.1 Details of this Report 
1.2 Definitions 

2 Executive Summary 

3 Wealth Sector Fundamentals 
3.1 Political Background 
3.2 Economic Background 
3.3 Social Background 
3.4 Benchmarking China Wealth in Context 
3.4.1 World statistics 
3.4.2 Distribution of wealth in China 
3.5 HNWI Volume and Wealth Trends 

4 Findings from the WealthInsight HNWI Database 
4.1 Trends in HNWI Wealth to 2017 
4.1.1 HNWI trend analysis 
4.1.2 Trends of the wealth bands 
4.1.3 Demographic breakdown of HNWI 
4.1.4 HNWIs – job titles 
4.1.5 HNWIs – industry breakdown 
4.1.6 HNWIs – industry performance 
4.1.7 HNWI breakdown by city 
4.1.8 HNWIs – city performance 
4.1.9 HNWIs – city population densities 
4.1.10 HNWIs – city forecasts 
4.2 UHNWIs 
4.2.1 UHNWI volume trend analysis 
4.2.2 UHNWI wealth trend analysis 
4.2.3 Demographic breakdown of UHNWIs 
4.2.4 UHNWIs – sector breakdown 
4.2.5 UHNWIs – City breakdown and performance 
4.3 UHNWIs – Billionaires 
4.3.1 Billionaire volume trend analysis 
4.3.2 Billionaire wealth trend analysis 
4.3.3 Billionaire per capita net worth trend analysis 
4.3.4 List of billionaires 
4.4 UHNWIs – Centimillionaires 
4.4.1 Centimillionaire volume trend analysis 
4.4.2 Centimillionaires wealth trend analysis 
4.4.3 Centimillionaires per capita net worth trend analysis 
4.5 UHNWIs – Affluent Millionaires 
4.5.1 Affluent millionaire volume trend analysis 
4.5.2 Affluent millionaire wealth trend analysis 
4.5.3 Affluent millionaire per capita net worth trend analysis 
4.6 Core HNWIs 
4.6.1 Core HNWI volume trend analysis 
4.7 Core HNWIs – Mid-Tier Millionaires 
4.7.1 Mid-tier millionaire volume trend analysis 
4.7.2 Mid-tier millionaire wealth trend analysis 
4.7.3 Mid-tier millionaire per capita net worth trend analysis 
4.8 Core HNWIs – Lower-Tier Millionaires 
4.8.1 Lower-tier millionaire volume trend analysis 
4.8.2 Lower-tier millionaire wealth trend analysis 
4.8.3 Lower-tier millionaire per capita net worth trend analysis 

5 Analysis of Chinese HNWI Investments 
5.1 Analysis by Asset Classes 
5.1.1 Trends in alternative assets 
5.1.2 Trends in “art, wine and wheels” 
5.1.3 Trends of investments in real estate 
5.1.4 Trends of investments in cash and deposits 
5.1.5 Trends of investments in fixed-income 
5.1.6 Trends of investments in equities 
5.1.7 Trends of investments in business interests 
5.2 Analysis of Foreign Investments
5.2.1 Investments in Europe 
5.2.2 Investments in North America (Including the US, Mexico and the Caribbean) 
5.2.3 Investments in Asia-Pacific 
5.2.4 Investments in South America
5.2.5 Investments in the Middle East 
5.2.6 Investments in Africa 
5.3 Alternative Breakdown: Liquid vs Investable Assets 
5.4 Analysis of Chinese UHNWI Investments 

6 Competitive Landscape of the Wealth Sector 
6.1 Competitive Landscape 
6.1.1 Private Banks 
6.1.2 Wealth managers
6.1.3 Family Offices 
6.1.4 Single-family offices
6.1.5 Financial advisors 
6.2 Developments in China’s Private Banking Industry 
6.3 Wealth Management Industry – Clientele Model and Maturity 
6.4 Behavioral Mapping of Wealth Management and Private Banking 
6.5 Porter’s Five Force Analysis – The Chinese Wealth Management Industry 
6.6 Financial Services Review 
6.6.1 Retail banks 
6.6.2 Hedge funds 

7 Appendix 
7.1 Additional Components of the Wealth Sector in China 
7.1.1 Philanthropy 
7.1.2 Demand for Intergenerational Wealth Transfer 
7.1.3 Human Resource Availability for the Wealth Management Industry 
7.2 Regulations on Taxes 
7.3 Regulations Related to Immigration, Investment and Employment 
7.4 Economic Indicators 
7.4.1 CNY to US$ exchange rate 
7.4.2 Real GDP growth 
7.4.3 Per capita GDP 
7.4.4 Domestic market capitalization 
7.4.5 Commodity index 
7.4.6 Foreign direct investment 
7.4.7 Inflation rate 
7.4.8 Interest rate 
7.4.9 Balance of payments 
7.4.10 Government debt 
7.4.11 Stock market performance 
7.4.12 Wealth Breakdowns 

8 About WealthInsight

List of Tables

Table 1: HNWI Wealth Band and Group Definitions 
Table 2: Main Regions in  China 
Table 3: Chinese HNWIs – Volume Distribution Wealth Pyramid, 2012 
Table 4: Chinese HNWIs – Wealth Distribution Wealth Pyramid (Percentage share), 2012 
Table 5: China HNWI Sector Performance, 2008–2012 
Table 6:  Chinese HNWIs – Cities, 2012 
Table 7: Chinese HNWIs – Top Cities, 2008–2012 
Table 8: Chinese HNWIs − Population Density in Major Cities, 2012 
Table 9: Chinese HNWI – Top Cities, 2008–2017 
Table 10:   Chinese HNWI Growth Rates for Top Cities, 2008–2017 
Table 11: China UHNWI –Source of Wealth (Percentage), 2012 
Table 12: Chinese UHNWIs in Top Cities, 2008–2017 
Table 13: Chinese UHNWI Growth Rates for Top Cities, 2008–2017 
Table 14: China Billionaires – Market Overview (US$ Billions) 2008–2017 
Table 15: China Top-10 Billionaires (US$ Billions), 2012 
Table 16: China Billionaire Wealth Growth, 2008−2012 
Table 17: China Centimillionaires – Market Overview, 2008–2017 
Table 18: China Affluent Millionaires – Market Overview, 2008–2017 
Table 19: Chinese Mid-Tier Millionaires – Market Overview, 2008–2017 
Table 20: China Lower-Tier Millionaires – Market Overview, 2008–2017 
Table 21: Chinese Allocations of HNWI Assets, 2008−2017 
Table 22: Chinese HNWIs − Holdings Growth (%), 2008–2017 
Table 23: Chinese HNWIs – Trends of Investments in Alternative Assets (%), 2008–2017 
Table 24: Chinese HNWIs – Alternative Asset Composition (%), 2008–2017 
Table 25: China Trends in “Art, Wine and Wheels”,  2008–2012 
Table 26: Global Prime Real Estate Prices Per Square Meters, US$ Terms, 2012 
Table 27: Global: Prime International Cities Performance (%), 2008–2012 
Table 28: Chinese HNWIs – (Percentage) Foreign Allocation, 2008–2017 
Table 29: Chinese HNWIs – Liquidity Breakdown (US$ Billion), 2008–2017 
Table 30: Chinese HNWIs – Liquidity Breakdown (%), 2008–2017 
Table 31: China UHNWIs – Allocations and Share of HNWI Assets, 2012 
Table 32: Major Companies - China Wealth Management and Private Banking Industry, 2012 
Table 33:  Chinese Income Tax Structure and Taxable Bands, 2012 
Table 34: CNY to US$ Exchange Rate, 2008–2017 
Table 35: China Real GDP Growth, 2008–2017 
Table 36: China GDP Per Capita, 2008–2017 
Table 37: China Domestic Market Capitalization (US$ Billions) 2008–2012 
Table 38: China Commodity Indices, 2008–2017 
Table 39: China Foreign Direct Investments (US$ Billions) 2008–2017 
Table 40: China Inflation Rate, 2008–2017 
Table 41: China Money Market Rate, 2008–2017 
Table 42: China Balance of Payments (US$ Billions) 2008–2012 
Table 43: China Government Debt to GDP, 2008–2017 
Table 44: China Stock Market Performance, 2008–2012 
Table 45: China HNWI Wealth vs GDP Ratio, 2008–2017 
Table 46: China Appendix One 
Table 47: China Appendix Two 

List of Figures

Figure 1: HNWI Wealth Band Definitions 
Figure 2: Map of China 
Figure 3: China: Asset Price Performance, 2008–2012 
Figure 4: China HNWI Performance, 2008–2017 
Figure 5: Chinese HNWIs vs the World 
Figure 6: China HNWIs – Growth Factor Correlation, 2008–2012 
Figure 7: Chinese HNWIs – Volume Distribution Wealth Pyramid, 2012 
Figure 8: Chinese HNWIs – Wealth Distribution Wealth Pyramid (Percentage Share), 2012 
Figure 9: Chinese HNWIs – Age Distribution, 2012 
Figure 10: Chinese HNWIs – Job Titles, 2008–2012 
Figure 11: Chinese HNWIs – Distribution by Industry, 2012 
Figure 12: Chinese HNWIs – City Performance, 2008–2012 
Figure 13: Chinese HNWIs – City Numbers, 2008 and 2012 
Figure 14: Chinese HNWIs – City Forecasts, 2012–2017 
Figure 15: Chinese HNWIs – City Numbers, 2012 and 2017 
Figure 16: Chinese UHNWIs – Wealth Share vs Volume Growth, 2008–2012 
Figure 17: China UHNWIs – Volume by Wealth Band, 2008–2017 
Figure 18: Chinese UHNWIs – Wealth by Wealth Band (US$ Billion), 2008–2017 
Figure 19: China UHNWIs – Age Distribution (Percentage Share), 2012 
Figure 20: China UHNWIs – Distribution by Industry, 2012 
Figure 21: China Billionaires – Market Overview, 2008–2017 
Figure 22: China Centimillionaires – Market Overview, 2008–2017 
Figure 23: China Affluent Millionaires – Market Overview, 2008–2017 
Figure 24: Chinese Mid-Tier Millionaires – Market Overview, 2008–2017
Figure 25: China Lower-Tier Millionaires – Market Overview, 2008–2017 
Figure 26: Chinese HNWIs – Asset Class Composition, 2008–2017 
Figure 27: Chinese HNWIs – Trends in Alternative Assets (in US$ Billion),  2008–2017 
Figure 28: China Trends in “Art, Wine and Wheels”,  2008–2012 
Figure 29: Chinese HNWIs – Foreign Investment Allocation and Growth (Percentage), 2012–2017 
Figure 30: Chinese HNWIs – Global Distribution of Foreign Investments, 2008–2017 
Figure 31: Chinese HNWIs – Liquidity Breakdown (%), 2008–2017 
Figure 32: China UHNWIs – Asset Class Composition, 2008–2017 
Figure 33: China: Wealth Management Industry – Maturity Level of Players 7
Figure 34: China: Behavioral Mapping of HNWIs, 2012 
Figure 35: Chinese Wealth Management Industry – Five Forces Analysis 
Figure 36: SGD to US$ Exchange Rate, 2008–2017 
Figure 37: China Real GDP Growth (%), 2008–2017 
Figure 34: China GDP Per Capita, 2008–2017 
Figure 35: China Domestic Market Capitalization (US$ Billions)  2008–2012 
Figure 36: China Commodity Indices, 2008–2017 
Figure 37: China Foreign Direct Investments (US$ Billions) 2008–2017 
Figure 38: China Inflation Rate, 2008–2017 
Figure 39: China: Money Market Rate, 2008-2017 
Figure 40: China Balance of Payments (US$ Billions) 2008–2012 
Figure 41: China Government Debt to GDP, 2008–2017 
Figure 42: China Stock Market Performance, 2008–2017 
Figure 43: China HNWI Wealth vs GDP Ratio, 2008–2017 
Figure 44: Chinese HNWIs – Volume by Wealth Band, 2008–2017 
Figure 45: Chinese HNWIs – Wealth by Wealth Band (in US$ Billions), 2008–2017 
Figure 46: Chinese HNWIs – Wealth Per Capita (in US$ Billions), 2008–2017 

Upcoming Reports:

Prebiotics Market - Global Industry Size, Market Share, Trends, Analysis And Forecasts 2012 - 2018
By - Transparency Market Research
Some of the major factors driving this market are increasing consumer awareness towards health, nutrition and their amplified focus on need for essential ingredients in the diet. Developed economies like the U.S. and Europe are the biggest contributors to the growth of this industry. European and American market for Prebiotics is forecasted to reach the value of $1.17 billion and $225.31 million respectively by the year 2015. This growth is expected to be hugely impacted by the introduction of Prebiotics ingredient manufacturers into new categories such as meat and snack...
Global Nanosilver Market Analysis and Forecast 2011-201
By - Transparency Market Research
Nanosilver, an emerging technology based market has lot to offer to different markets across industries. Along with all the basic characteristics of the conventional silver, nanosilver is far ahead in offering the additional benefits in various applications such as Nanosilver inks with high conductivity, antibacterial with highly potent antibacterial agents, display as a transparent conductive coating and best alternative to ITO. Investments in Nanosilver technology are luring the inclination worldwide.  Right from its use in scientific application, to medical...
Clinical Nutrition Products Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
By - Transparency Market Research
Clinical nutrition provides sufficient amount of nutrients such as vitamins, protein and mineral to the patients and also helps to keep energy balance. Clinical nutrition products help to improve digestion, metabolisms, absorption, transportation, storage and discharge from the human body. Infant, enteral and parenteral nutrition are the major segments of clinical nutrition products. Enteral nutritions consumed orally such as nutritional drinks and provide nutrients to the patients who cannot ingest. Parenteral nutrients provided to patients through feeding tube. Infant nutrients...

Research Assistance

We will be happy to help you find what you need.
Please call us or write us:

866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-618-1030
Select License type:

Share this report

Related News

Western Africa economies hit by Ebola travel ban
Aug 28, 2014  
With over 1,400 people dead due to the fatal Ebola outbreak in African countries, travel services have either banned or limited operations to the western region, severely hitting economies of the area. Budgetary resources are being utilized rapidly and economic growth has dropped by 4% as international projects and trips have been cancelled. Transport companies have cut off the region...
Fonterra Ties Up With Beingmate to Tap into China’s Baby Food Market
Aug 28, 2014  
Fonterra Co-Operative Group Ltd. will partner with Beingmate Group Co, China’s biggest infant formula manufacturer to increase its reach in the Chinese market. The New Zealand-based company makes this move with the intent to grab a bigger market share in China after it suffered many setbacks in the food-safety scandal last year.   This partnership will also help Beingmate...
Warren Buffet Helps Burger King with Tim Horton Deal
Aug 27, 2014  
Renowned investor Warren Buffet plans to finance Burger King Worldwide Inc.’s acquisition of Tim Hortons Inc., the Canadian coffee chain. Berkshire Hathaway Inc., Warren Buffet’s firm will invest through preferred shares, it is speculated. Nearly 25% of the deal’s financing would be handled by Berkshire. The precise aim for Warren Buffet’s participation is yet...
Anti-UAW Workers to Form Another Union at Volkswagen Plant
Aug 27, 2014  
Employees at the Chattanooga plant of Volkswagen AG are trying to form a union of company’s salaried and hourly workers, as a means to counter the United Auto Workers Local 42 union that was established last month.  The new union is expected to force Volkswagen in rethinking and holding another vote to determine which union is favored by hourly employees. UAV had earlier...
Fairchild Axing 15% of its Workforce with Multiple Plant Closures
Aug 27, 2014  
American semiconductor manufacturer Fairchild has said that it will be laying off nearly 15% of its global workforce following the closure of its facilities in Malaysia, Utah, and Korea. The company will cease the production of five-inch silicon from its plant in Bucheon, Korea. It will also scale down its capacity to produce six-inch wafers. The company will bring these closures into effect...