国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

By Zhang Ran (China Daily)
Updated: 2007-10-31 09:59

China's wealth market is expected to outpace all other countries over the next five years, with a projected annual growth rate of 17.4 percent, according to a new study by leading global consultancy Boston Consulting Group (BCG).

The BCG report shows that global wealth grew by 7.5 percent in 2006 to reach US$97.9 trillion. It projects an annual growth rate of 5.6 percent in global wealth over the next five years, with China well above that level.

China had the highest compound annual growth rate of 23.4 percent in assets under management from 2001 to 2006 due to rapid economic growth, followed by Brazil with 22.4 percent, according to the report.

"Interestingly, the most rapid growth in wealth is happening with individuals with more than US$5 million in assets," said Tjun Tang, co-author of the report and a BCG partner in the firm's Hong Kong office. Tang said expanding wealth is making China an increasingly important market for international private banks.

But the report said wealthy customers in China differ from those in the US and Europe.

Given the recent opening of China's economy, the majority of the country's wealth is "new money", with most wealthy individuals being entrepreneurs, according to the report.

This entrepreneurial background reveals itself in the unique approach Chinese have toward investing. For example, they have a high tolerance for risk and like to be actively involved in the investment process, according to the report.