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ccording to CICC. China is also expected to become the world' largest consumer market and start importing more consumer-related products than industrial materials, as its growth becomes increasingly consumer driven. "In our view, the rise of Chinese consumers, with its significant positive spill over effect on the rest of the world, will be the most important and exciting investment story in the coming years," the report said. Source: China DailyVision CHIn wILL CREATE mILLIOn AIRES OVER THREE TImES FASTER THAn THE US In FIVE YEARS THROUgH 2 China will create millionaires at quicker pace than the United States in the five years through 2, as rapid recovery from the worlds worst public-health crisis in century helps corporate chieftains generate and accumulate wealth faster, according to the 1th Global Wealth Report by Credit Suisse. The number of US dollar millionaires in China will increase by 9.7 percent to 1.1 million by 2, compared with 2.8 percent rise in the US to 2.0 million US dollar millionaires over the same period, according to projection by the Swiss lender. The rise of Chinas wealth between 2 and 2 is almost equal to the 8 years of growth of wealth in the US from 1 until 2, Anthony Shorrocks, an economist and the reports author, said in video conference. We are expecting very solid growth in wealth in the years ahead, in both China and India. The Credit Suisse report is an annual study compiled from data on the wealth holdings of 5.2 billion adults in about 2 countries, and is the most comprehensive wealth report globally. And it says that China will retain the worlds second-largest population of wealthy people, ahead of Japan, France and Canada, and behind just America. Of the total global wealth gain of US$2.7 trillion last year, China contributed US$4.2 trillion, the report said. The worlds second-largest economy had 9.4 percent of the worlds millionaires in 2 at 5.3 million, behind only the US, which had 3 percent of millionaires worl