Huaxi Village
Encyclopedia
Huaxi Village located east of the city of Jiangyin
Jiangyin
Jiangyin is a city in China's Jiangsu province on the Yangtze River. It has population of 1.2 million . The total GDP reached RMB 171.3 billion yuan in 2009, an increase of 11.6% from 2008. The GDP per capita reached RMB 142,572 yuan...

, in Jiangsu
Jiangsu
' is a province of the People's Republic of China, located along the east coast of the country. The name comes from jiang, short for the city of Jiangning , and su, for the city of Suzhou. The abbreviation for this province is "苏" , the second character of its name...

 province, claims to be the richest village in China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

. Wu Renbao , the former secretary of Huaxi Village Communist Party Committee, developed a plan to turn what used to be a poor rural locality into a modern rich community. Huaxi calls itself a model socialist village.

About the village

Huaxi Village is known as the "No.1 village under the sky". It was founded in 1961. All the inhabitants have a wealth of at least one hundred thousand Euros or more, according to the local authorities. This is a substantial amount by Chinese standards. The village has a multi-sector industry company that is listed on the stock exchange, has bought airplanes and plans to buy ships. The villagers are shareholders and are paid one fifth of the company's annual profits. In 2011 the company's turnover is expected to grow by about 6.5 billion Euros.

In addition to two thousand villagers, there also live in the area about 20 000 migrant workers and 30 000 nearby villagers. "My father was wealthy. Now I want that the villagers will also be that and healthy and happy," says the village chief, Wu Xiéen. His father, a former village chief, Wu Renbao once invested money in raw materials such as aluminum.

A new landmark skyscraper in Huaxi Village, the 328-meter Longxi International Hotel was opened when the village celebrated its 50th anniversary.

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31.83285°N 120.425477°W
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