Ranking firm Hurun released its latest Chinese Luxury Consumer Survey based on an investigation of 483 high-net-worth individuals with average family assets of 46 million yuan and an average age of 36.

The Hurun report, citing consultancy Bain & Company, said the Chinese customer is the world's most active luxury buyer, accounting for 35 percent of global luxury sales in 2019, surpassing American's 22 percent and European's 18 percent.

Moreover, Huawei squeezed into the top 10 gifting by men list for the first time this year.

Now, let's see the top 10 preferred brands for gifting by men in China.

No 10 Huawei

No 9 Cartier

No 8 Bulgari

No 7 Kweichow Moutai

No 6 Gucci

No 5 Hermes

No 4 Dior

No 3 Chanel

No 2 Apple

No 1 Louis Vuitton