Huaxi village in east China’s Jiangsu Province grabbed attention after completing a 328-meter high-rise hotel that houses a statue of an ox made from a ton of gold.
The 74-story building cost more than 3 billion yuan (about 0.46 billion U.S. dollars), which means each village family will afford 10 millions Yuan for this building, it opened on October 8th to celebrate the 50th anniversary of the village’s founding. The building will be renamed the Longxi International Hotel in the future.
Some have criticized Huaxi for showing off its wealth.
“Beijing built a new 328-meter tall tower for the World Trade Center,” Wu Renbao, Huaxi’s Party chief said “Huaxi wants to maintain the same height with the Central Committee of the Communist Party.”
Huaxi Village is known as China’s richest village, its more than 60 companies achieved sales of 45 billion Yuan last year.