Friday, October 14, 2011

A Tiny Village of Millionaires



Huaxi so-called New Village in the Sky is the richest Chinese village located in Jiangsu province, East China. There are 2,000 officially registered inhabitants, and each has his own house and at least $250,000 in the bank, and drives BMW or Mercedes.




This place looks more like a sanatorium for the authorities. There are a lot of two-storey houses, trees, fountains, and ponds with turtles and carp here.











Unlike other villages, it is surrounded with modern factories and not fields and farmlands.



Currently, all the villagers live in their own high-ranked villas, which roughly cover 400 or 600 square meters. And each family at least has the asset from 1,000,000 to 10,000,000 yuan, and one to three automobiles.



The poorest local family has at least 3 million yuan. But since the village offers free health care and education, and the products are not expensive, residents spend little money.







Thus they decided to build a supertower that reaches 1,076 ft (328 meters) into the sky. This building ranks as the world’s 15-th-highest skyscraper. It is taller than Eiffel Tower in Paris.



Inside there is an exhibition hall, a hotel, business center, rooftop swimming pools, gardens and restaurants.



It has taken 4 years to build this 74-storey tower worth 1.5 billion yuan. Money for the project partly came from people in the village who gave shares of 10 million yuan each.





The next two Huaxi skyscrapers should follow soon. Their designs are pretty impressive.





History Museum is located in the center of Huaxi Village. It shows all stages of going from poverty to wealth.



Wu Renbao is the father of Huaxi’s economic miracle. You can see his portraits everywhere in the village.



Currently, Huaxi Village governs more than 80 enterprises, including the collection metallurgy, the wool spinning, the chemical fiber, etc. Local products are exported to over 40 countries, including the USA and Japan.









Wu Renbao, 80, decided to step aside in favor of his son, Wu Xie’en. Still once a week he reports about the village’s economic success to residents.











Each villager is required to work at a Huaxi business 7 days a week. They don’t earn much, about 1,500 yuan a month. At the end of the year, however, 20% of the village’s profit is divided equally between all the inhabitants, including children. The annual ‘bonuses’ may range from 100,000 to 400,000 yuan.













The local school is free to attend.























There were originally 2,000 inhabitants in Huaxi 20 years ago. Today the village has grown and swallowed up some of the neighbouring areas. Now there is a lot of migration to the area and about 60,000 residents.







The village has moved on significantly over the last 30 years going from a poor farming community to a flourishing place of enterprise and a symbol of the country's economic growth. It will become a town in 5 years.











Credits: www.poplanete.ru