We have come to a
wealthy nation.
我们来到了一个富有的国度。
My teacher is
wealthy in knowlege.
我的老师学富五车。
In addition to securing grain security and tackling environmental issues in the area of agriculture, China has to feed a growing and increasingly wealthy population demanding better and more nutritious food, said Wang Xiaobing, director of the information center of the Ministry of Agriculture and Rural Affairs.
Apart from securing grain security and tackling environmental issues in the area of agriculture, China has to feed a growing and increasingly wealthy population demanding better and more nutritious food, said Ding Lixin, a researcher at the Chinese Academy of Agricultural Sciences in Beijing.
Apart from ensuring grain security and tackling environmental issues in the area of agriculture, China has to feed a growing and increasingly wealthy population who demand better and more nutritious food, he said.
As the 5G era is drawing near, more wealthy individuals are expected in the coming new round of industrial internet development in artificial intelligence, cloud computing, robots and blockchain.
The result was the microcomputer revolution that changed the world - and made them both fabulously wealthy.
"Our clients in China consist of two different types, the institutional ones and individual clients," said Wei Wei, president of Steinway & Sons Asia and Pacific, explaining that institutions tend to be companies, shopping malls or schools, while individual clients are mainly wealthy households who love music or have a child learning the piano.
"A large, wealthy middle class has emerged, creating demand for the best products globally.
This year, Forbes List of Wealthy Filipinos ranked Chan in 21st place.
Move aims to support demand from consumers for higher-quality products3M has vowed to expand investment in the safety and healthcare sector in China, as wealthy Chinese consumers express stronger demand for healthier lives and a better environment.
Meanwhile, as the number of wealthy people grows in China, the company is also spotting another trend, which has become another source of its growth.
"More and more wealthy people are willing to spend on art.
"This shows that after living standards improve, Chinese people, especially the wealthy group, are now turning their attention to art.
Created in 2016, Douyin enables its users－most of whom are millennials living in China's relatively wealthy first and second-tier cities－to upload, browse and forward music videos.
“China’s tourism industry is booming, fuelled by demand from China’s increasingly wealthy middleclass consumers,” said Qian.
Zhang Jing, manager of Shuijingfang's marketing department, said earlier that the company has achieved the results through expanding cooperation with banks, major carmakers, high-end clubs, and other industries and companies that attract wealthy individuals.
They are wealthy and they like to stay in better accommodation.
With wealthy parents eager to pay for their children's education, new entrepreneurs are now using traditional Chinese culture as a way to break into the market.
The investable assets of wealthy people in 2017 would total 188 trillion yuan.
Ollie Shiell, founder of Asiability, equates the event to the popular reality television show Dragons’ Den, in which business owners compete for investment from a panel of wealthy venture capitalists.
"We've decided to focus on cocoa, in the expectation that Chinese chocolate makers' demand for cocoa beans will grow as the Chinese consumers become increasingly wealthy," Hawkins said.
China has a stable and consistent government and a supportive market ecosystem with a growing and increasingly wealthy domestic consumer base.
Liu Jinghua, Zippo's Asia managing director CHINA DAILYSelling lighters for 1 yuan ($0.15) to 3 yuan each to smokers may not sound like an exciting job, much less a well-paying one; but, believe it or not, many Chinese sales agents of US-based lighter-maker Zippo Manufacturing Co have become wealthy doing just that.
"He may have well added consumer acceptance could make some sales agents, such as Zippo's, wealthy, very wealthy.
"We've been trying to get into China－a large and increasingly wealthy market with good arts funding－for some time," Rath said.
"Just five years ago, personalized trips and destination planning were considered a privilege of the wealthy.
A hotel's brand, its location and distinct elements are the top three factors that wealthy Chinese people consider when they choose hotels.
Design center plays crucial role in southern provinceBorn to a wealthy family, Qiu Zhihong could have led an easy life, but that was not for him.
"Long considered liveable, stable and cosmopolitan, Singapore is now vying to become a leading global center for the wealthy.
Price rises in premium goods and services underpin the fact that wealthy consumers need to achieve a high single-digit investment return denominated in stable currencies so as to preserve their wealth, said Christian Gattiker, head of research for Julius Baer.
It looked into the number of wealthy families in China across 100 geographical regions.
The performance of Chinese wealthy people in investment is becoming more and more mature.
Post-pandemic, what wealthy people are most likely to increase their holdings in next year is the A shares, but security is still their first consideration, said Hoogewerf.
The current lagging-behind status of tertiary distribution in China is not solely attributable to high-income groups and wealthy enterprises, but is mainly because of deficiencies in policy.
Some experts said that China needs to further reform its tax policies, such as improving tax incentives for charitable donations and giving private business owners and wealthy individuals greater incentives to donate to charitable causes.
Experts said the country's central and western regions as well as other less wealthy areas will receive bigger transfer payments, to strengthen coordinated regional development.
And it will better encourage wealthy people to participate in charitable giving.
China ranks second after the United States in terms of wealthy non-State-owned companies, and their combined wealth rose by 25 percent despite the novel coronavirus epidemic, a new study said on Tuesday.
"What distinguishes China from the rest is a 'pulling-up' development strategy, which focuses on priorities such as education and infrastructure, rather than trickle-down economics (involving tax cuts for the wealthy and corporations), which works in principle, but rarely in practice.
A poor female worker reluctantly agrees to an intimate relationship with a wealthy farm owner in Africa, but their initially forced interactions soon blossom into an unexpected romance.
"For instance, the archetype of a domineering CEO is perceived as wealthy and handsome in both China and the US, each embodying a colossal business empire.
His customers include the city's top restaurants and clubs, celebrities and other wealthy people, who regard the empurau as a luxury food and a status symbol.
China's use of private jets by companies and wealthy individuals has sharply increased as the country's economic recovery prompts a shift in business travel, according to Financial Times.
"The last thing I want is ending up dead before getting wealthy.
"He said that in the past, only wealthy young people could afford to buy consoles and high-end PCs to take part in gaming.
The report said the post-1995 generation, who grew up in a comparatively wealthy era, have become the main customers of on-demand food delivery platforms.
"After a decade of increasing investment by wealthy Chinese in residential property purchases in the United States the biggest proportion of international buyers for seven consecutive years purchases plunged by 56 percent in the 12 months to March, according to a report by the National Association of Realtors, or NAR.
"Such a 'Hunger Games' model has made certain sneakers available only in wealthy regions, and sparked a raffle method of buying," she said.
The surging number of middle-income Indians as well as young wealthy Indians is, in Tiffany's view, a pointer to potential growth in demand for diamond and other jewelry categories.
"The senior care industry in China keeps developing, but many of the high-quality senior care facilities target wealthy people who can afford expensive service charges," he said.
Increasingly wealthy Chinese consumers are looking not just for a place for their pets to be housed, but for services that can make their pets' life more enjoyable during the period.
China is New Zealand's largest export market for lobsters, Harvey said, adding that wealthy lobster consumers are mainly from southern Chinese cities such as Shenzhen, Guangzhou where seafood consumption is traditionally large.
Another contrast: just a few years ago, personalized trips and special accommodation like the one we had, were considered a privilege for the wealthy.
The Whimsical Robot, a renowned Japanese science fiction work written by Shinichi Hoshi, tells the story of the wealthy Mr N, who buys "the best robot a human can own" from a scientist.
Citing figures from consulting firm BCG, Kaellenius believes the luxury segment is where growth is and the number of wealthy individuals－with private investable wealth above $250,000－in China will grow, surpassing that in Western Europe, from 7 million in 2019 to 20 million by 2030.
Wealthy customers are coming back to the market faster than expected, which has brought about sales growth in the first quarter for Volkswagen's luxury brands Bentley, Audi and Porsche.
This is based on a survey of 218 wealthy Chinese with an average personal investable asset of 6 million yuan ($837,670), aged over 40 and with a minimum investment experience of two years.
A continued expansion in the number of wealthy Chinese will underpin demand for gold, Jia added.
This indicates the high consumption ability and enthusiasm of wealthy Chinese, which will translate into continued momentum for the country's economic growth, said Rupert Hoogewerf, founder and chairman of Hurun.
Wealthy Chinese individuals' interest in gold is in accordance with central banks' increased holdings of the precious metal.
Dong Dengxin, director of the Wuhan University of Science and Technology's Finance and Securities Institute, said that families in China are also becoming increasingly wealthy and have the need to find good investment products to preserve and increase the value of their family wealth, which opens the door for more opportunities for development in the public equity fund market.
The largest share of the debt buildup is not from the poorest countries, but has been among wealthy, highly rated sovereigns with strong financial markets and monetary flexibility.
"The book argues that trade wars are not really wars or conflicts between countries, but between economic sectors in these countries, and often serve the wealthy elites and not the workers," he said.
Citi China is also boosting its digital capabilities to reach more wealthy customers in the country.
But China's private banking sector grew unexpectedly, leading wealthy Chinese to invest in the country's key sectors to optimize social resources and accelerate the transformation of China's banking industry," said Bai Ruiming, deputy secretary-general of the association.
Wealthy consumers in the Yangtze River Delta region are setting aside more cash for their insurance plans, as China's leading internet players are becoming increasingly involved in online insurance, according to Beijing-based 21 JD Big Data Institute.
The official was responding to a media report saying that the Chinese securities regulator recently barred foreign asset managers from selling products that invest in global markets to local wealthy customers through "verbal instruction".
Just last month, Bank of China launched a private banking service in London with the aim of tapping into the burgeoning pool of wealthy Chinese people living in the UK or visiting it.
The Bank of China became the first Chinese bank to launch private banking services in London on Tuesday, in a bid to tap into the burgeoning pool of wealthy individuals living in and traveling to the British financial hub.
Private banking is the name given to banking, investment, and other tailor-made services offered to wealthy clients.
In recent years, the growing number of wealthy individuals and especially the large pool of rich Chinese businesspeople in London, has attracted the attention of British banks, including HSBC and Coutts, that have targeted clients by recruiting Mandarin-speaking client managers, among other tactics.
The number of wealthy Chinese families is expected to grow to 3.88 million by the end of 2020, from 2.07 million in 2015, according to a report last year by Industrial Bank Co in China and The Boston Consulting Group.
Many people from these wealthy Chinese families end up studying or investing in the UK.
Currently, overseas investment banks can only hold minority stakes of local securities in joint ventures, and have been largely excluded from the secondary-market trading in Chinese debt and equities, as well as from managing money for wealthy clients.
Typically, investors of private equity firms include insurers, government-backed funds, corporates and wealthy individuals.