A recent survey shows that one third of China's rich people are willing to spend relatively more money on their families. The survey covered China's seven biggest cities.

The survey, conducted by China Merchants Bank, covered China's seven biggest cities, including Beijing, Shanghai and Guangzhou.

All of the interviewees have an annual income of more than 500,000 RMB, or about 60,000 US dollars.

Such people account for some five percent of the population in major cities, and about one and a half percent in the whole country. Enditem

Source: CRIENGLISH.com