Wealth and Society China 2018
China spearheading a new era of wealth creation
The strengthening of Chinese economy has meant a rising in the accumulation of private wealth, and a notable diversification of this money, with the wave of high net worth individuals spreading across major cities and coastal areas.China, along with the US, Japan and Germany, is one of the four largest markets for millionaires, accounting for 61% of the 18.1 million HNWIs around the world.
Yet, this wealth is in the process of the greatest wealth transfer in human history: $60 trillion will be inherited over the next 50 years.The Gen Xers and millennials who will be inheriting most of these fortunes have already begun implementing new methods to the way they do business, how they invest, and how they generate social impact. A shift that will have an impact not only in the country but in the world.
Wealth & Society China 2018 is organized by the Wealth & Society Programme to help us start thinking of where wealth will be generated and how we can participate in for the benefit of mankind and our shared future. A platform created to gather a high-level audience of international and local leaders in business, government, technology, philanthropy and academia to showcase and recognise the positive impacts that they have been creating on society.
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