Shocking data on China’s private assets

As of June 2023

China's total wealth is more than 790 trillion

State-owned assets are approximately 360 trillion

Private assets are approximately 440 trillion

440 trillion private assets

There are about 4.6 million people in the wealthy class

290 trillion

Per capita 63.04 million, accounting for 0.3% of the population

middle class

About 99 million people

110 trillion

1.11 million per capita

Corresponds to 7% of the population

The remaining 1.3 billion people

Total assets are 30 trillion

Only 22,000 per capita

Corresponds to the remaining 92.7% of the population

Source China Wealth Report CICC 2023