I just saw a China International Capital Corporation (CICC) 2025 wealth data report stating that the total social wealth in China is approximately 790 trillion yuan: state-owned enterprise assets are 360 trillion yuan, accounting for 45.6%; billionaire assets are 290 trillion yuan, accounting for 36.7%; middle-class assets are 110 trillion yuan, accounting for 13.7%; the remaining 1.3 billion people hold only about 3% of the assets. That means the 1.3 billion poor people have a total wealth of about 23.7 trillion yuan, with an average of about 18,000 yuan per person. When in a society, the vast majority of people cannot accumulate effective assets in their lifetime, that society is unfair. It is no longer a distribution issue but a structural problem.



(Data sourced from more than 20 public media outlets.)
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