MX Media Conferences, Summits and Forums have been designed exclusively to educate C-Level Asian financial intermediaries on the effective use of fiscal asset and lifestyle planning and management tools available in different jurisdictions. With an average of over 500 attendees per event, the China Offshore and Asia Offshore Association events provide a premium platform for information exchange, business development and much-needed education for intermediaries in this burgeoning market.
A new billionaire is minted in China every two days. (UBS)
63% of Chinese HNWIs relying on financial service providers to manage their domestic financial assets and among them, around half use private banking services provided by commercial banks. (Bain & Co. and China Merchants Bank)
ChinaÃ¢Â€Â™ s forecasted personal investable assets will reach US$ 29.8 trillion by the end of 2020, while the number of HNWIs is projected to reach 3.88 million by the same year. (Industrial Bank Co. Ltd, The Boston Consulting Group)
In 2016, China rose to the world's second-largest foreign direct investor, behind the US, reaching US$ 188.8 billion in outbound direct investment (ODI). Some experts are predicting that China will become the largest source of ODI by 2027. (United Nations Conference on Trade and Development, Ernst & Young)
90% of Chinese enterprises respondents surveyed believe not to be equipped with an experienced advisor for their overseas investment plans. (Ernst & Young)
The total value of only HNWI assets in China is forecasted to rise from a confirmed 39 trillion CNY in 2018 to 82 trillion CNY in 2023 (Statista)