The top five destinations for undergraduate and postgraduate study were the US, the UK, Australia, Canada and New Zealand, the survey by luxury publishing and events group Hurun Report shows.
“New Zealand breaking into the ‘Big 5’ shows how far it has come to building a global education programme, attracting many of China’s most successful families to send their children to study there,” commented Rupert Hoogewerf, the Hurun Report’s founder, chairman and chief researcher.
“New Zealand’s all-round education system is able to compete at the very highest levels in the world.” Survey respondents also nominated their favourite study abroad education agencies, with BE Education voted the best high-end overseas study brand.
80% of wealthy families in China now intend to send their children overseas.
Hoogewerf noted that 80% of wealthy families in China now intend to send their children overseas. The average age for millionaires to send their children abroad for study is 16, while the average for billionaires is 18.Now in its 11th year, the report is based on a survey of 376 Mainland Chinese ‘millionaires’, each worth RMB10m (US$1.6m) and with an average wealth of $6.8 million. Of the survey respondents, 27 were ‘super rich’ individuals with a personal wealth of RMB 100 million ($16m).The Hurun Report is the largest survey of China’s rich consumers and also includes data on preferred luxury brands, banking and investment opportunities.
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