Inside Beijing's exclusive "¥50 million matchmaking event"

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Recently, news of Beijing's "50 Million Matchmaking Event" has gone viral on Chinese social media, leaving many intrigued by its luxurious and highly selective nature. Organized by the "Da Chao Singles Club," this high-end matchmaking event requires participants to meet strict qualifications: men must prove assets of at least 50 million RMB, while women are assessed on family background, educational achievements, and overall appearance.

The exclusivity of this event begins with its hefty requirements. Male participants are required to submit asset proof through property deeds, bank statements, and car ownership documents, in addition to paying a 6,000 RMB entrance fee. Female participants, on the other hand, must pass a rigorous interview process focusing on both tangible and intangible qualities, including their looks, personality, and social status.

At the event, which recently marked its 27th edition, over 50 people attended. Despite the grandeur, the success rate remains low. A source familiar with the matchmaking process shared that "men have too many choices and set high standards, while attractive women often have temperaments that discourage compromise. Both sides end up hesitant to make concessions."

Adding a layer of intrigue, one of the female attendees was noted to have attended three times previously, this time bringing along her nine-month-old child. 

During the event, men predominantly emphasized their careers and financial achievements in their self-introductions, with buzzwords like "Bitcoin," "blockchain," and "multi-million tax contributions" echoing through the room. Women, meanwhile, focused on their youth and beauty as their defining assets. According to the organizer, Da Chao, the event aimed to create genuine connections, despite its appearance of being a transactional "high-value dating marketplace."

However, cultural and behavioral differences soon became apparent. Men expressed frustration over women requesting expensive gifts such as luxury handbags during initial meetings. The event's host advised women to avoid making such demands prematurely, suggesting that building rapport and trust should come first before discussing material expectations.

Conversely, some women voiced concerns about the integrity of male participants, questioning whether their wealth and intentions were genuine. Addressing these fears, the host reassured the group that participants were carefully screened to ensure they were serious about finding a partner.

The online response to the "50 Million Matchmaking Event" has been polarizing. Many netizens were critical, describing the event as a "beauty pageant for the wealthy" or even "a platform for selecting trophy wives." Others questioned the practicality of such gatherings, doubting whether truly wealthy individuals would participate in what they saw as a public display of affluence.

Some of the most popular comments included:

"50 million in assets, yet the participants are calculating every move like it's a business negotiation. Is this really necessary?"

"If the men are already so wealthy, why would they even consider attending this event instead of dating naturally?"

"A woman bringing her nine-month-old child to a matchmaking event? That’s a first for me!"

"These men expect beauty, youth, and sophistication from women. Do these women have similar expectations for the men?"

Others offered humorous takes:

"For this kind of money, I’d rather marry a factory worker who earns 3,000 RMB a month but has a good heart."

"If a man with 50 million in assets attends, chances are he’s bald or has a big belly from all the stress of earning that money. Are women willing to accept that?"

Some netizens sympathized with the women’s concerns about meeting "players" in such settings. "If you’re worried about dating a 'bad guy,' why are you even here?" one wrote. Another pointed out the irony: "Men with 50 million can afford to be 'bad guys' elsewhere; they wouldn’t need this event."

The organizers defended the stringent selection process, emphasizing its importance in ensuring compatibility among participants. According to one of the club’s co-founders, the matchmaking process mirrors the precision of elite educational admissions. "We ask candidates about their high school, university, and even family background," he explained. "Women from prestigious schools like Beijing No. 4 or Tsinghua High School fit our criteria, as do men with degrees from top universities and careers in finance or entrepreneurship."

The host also acknowledged the cultural acceptance of such scrutiny among the wealthy. "For those raised in affluent households, interviews and assessments are second nature," he said. "Only those from less privileged backgrounds might find the process offensive."

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