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In Jiangsu, local government-run businesses expanded faster than anywhere, at one point employing almost a third of the population. Huaxi kept ahead of the pack thanks to Wu's knack of reading the political tea leaves. In 1992, he watched a TV broadcast of Deng Xiaoping's famous pro-entrepreneurial speech during a tour of southern China. Immediately, according to his biographers, he foresaw a surge of economic activity and ordered village officials to borrow every yuan they could lay their hands on to buy up aluminum and other raw materials.
That this half-billion-dollar edifice is a good 40-minute drive from a city of any size is part of the plan. For though not many foreigners have heard of Huaxi, Chinese far and wide know it as the socialist collective that works — the village where public ownership of the means of production has not just made everyone equal, but rich, too.
2011 October 10, Carlos Barria, “China's richest village”, in Reuters, archived from the original on 11 March 2023, Pictures, page 1/30:
The newly inaugurated skyscraper tower of Huaxi village is seen in Huaxi village, Jiangsu province, October 7, 2011. Huaxi, also known as China's richest village, celebrates its 50th anniversary with the inauguration of a massive 328-meters (1,076 feet) high skyscraper that screams for attention from its lowly skyline.
In March 1994, Wu Renbao, Party branch secretary of Huaxi Village of Jiangyin County, Jiangsu, national model laborer, excellent Party member, and a representative of the National People's Congress, responded to the call for "mutual hekp between the east and the west as well as common well-bing" and implemented the "87 Poverty Relief Crucial Program."
2020, Dong RiNuanYang, “Keeping the Bottom Line”, in Story of a Pretty Teacher, volume 16, →OCLC, page :
"The village of Huaxi, Jiangyin City, Jiangsu Province was once a small village, but now it has become a well-off village of the civilized nation, Fuyu Village. Every family has a villa, and they drive a car- - a small village, and a big change!