Wealthy busier earning big bucks, spending it in 2016

China's wealthiest people have been busier earning big bucks, and more content to spend up big in 2016, according to the Hurun Report's latest findings released on Thursday.

The report was based on a four-month survey of about 450 millionaires on the Chinese mainland, defined as those with a personal wealth of more than 10 million yuan ($1.46 million).

Of the total, 12 percent were classified as superrich, with a personal wealth of more than 100 million yuan.