The private banking team of China Merchants Bank teamed up with Bain Company to release the 217 China Private Wealth Report. The report shows that there were 1.58 million high-net-worth individuals in China in 216, compared with 18, in 26, and the number of high-net-worth individuals in China has more than tripled in 11 years. Among them, the number of ultra-high net worth people with investable assets exceeding 1 million yuan is about 12,. Previously, the report released by Hurun Research Institute also showed that as of May 216, there were about 1.34 million high-net-worth individuals with total assets of more than 1 million yuan in Chinese mainland, including about 683, people with investable assets of more than 1 million yuan. The number of ultra-high net worth individuals with total assets of more than 1 million yuan is about 89,, an increase of 11, compared with 215, including about 52,5 people with investable assets of more than 1 million yuan. According to the report of China Merchants Bank and Bain, the number of high-net-worth individuals in China will reach about 1.87 million in 217, an increase of 18% year-on-year. According to the latest estimate of Chinese mainland's total population released by the National Bureau of Statistics (1,382.71 million), by the end of this year, there were 135 high-net-worth individuals in an average of 1 million people, slightly higher than the ratio of one in a million.

In terms of wealth scale, in 216, China high net worth individuals held 49 trillion yuan of investable assets, with a growth rate of 24% in 214-216, which was higher than that in 212-214; The per capita investable assets are about 31 million yuan, which is basically the same as that in 212-214. According to the report of China Merchants Bank and Bain, the total wealth held by high net worth individuals will reach 58 trillion yuan in 217, up 19% year-on-year, and the per capita investment assets will be 36.7 million yuan. China's private wealth market is in the stage of rapid growth, with great growth potential and space. In 216, the total size of investable assets held by individuals in China was 165 trillion yuan, so it is not difficult to calculate that the assets of high net worth individuals in China accounted for nearly 3% of the total personal assets in the country.