Amazing view of China's richest village!

China's richest village Huaxi has a new landmark -- a stunning 74-storey International Hotel, rising to a height of 328 meters.

It is the 15th highest skyscraper in the world, taller than Eiffel Tower in Paris and New York's Chrysler Building.

As Huaxi celebrates its 50th anniversary, this building with an exhibition hall, a revolving restaurant, rooftop swimming pool and gardens is yet another attraction in a village that has caught the world's attention.

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Thanks to Wu Renbao, the former secretary of Huaxi Village Communist Party Committee, this poor village transformed into a rich paradise.

About 40 years ago, Wu Renbao, a farmer himself, propelled a movement which saw Huaxi transform itself from an agriculture-driven economy into an industrial powerhouse.

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Every house has a car in this village. Mud roads with bullock carts have been replaced by swanky Mercedes and BMW cars.

In Huaxi, those from the original 2,000 residents have at least a house, a car, and $250,000 in the bank and enjoy universal health care and free education.

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With the listing of the village's multi-industry company on the stock exchange, farmers became wealthy. The company has bought aeroplanes and plans to buy ships.

The villagers are in the company's shareholders and are paid one fifth of the company's annual profits.

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Officials from other parts of China tour Huaxi to find out how this sleepy village with just 576 residents in the 1950s has turned into a prosperous place.

Last year, the village bought two helicopters for sightseeing tours. In 2003, Huaxi village became the first village to generate 10 billion yuan ($1.5 billion) of gross domestic product, Xinhua News Agency reported.

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Villagers work seven days a week in Huaxi. The houses and streets are well maintained as well.

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Huaxi village aims to be as big as other metros like Beijing and Shanghai.

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A guest arrives at the inauguration ceremony of the new skyscraper tower of Huaxi village.

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Dancers prepare to perform at the inauguration ceremony of the new skyscraper tower of Huaxi village.

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A boy takes pictures of the new skyscraper tower of Huaxi village, in Jiangsu province, October 8, 2011.

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A labourer walks at a construction site for new houses in Huaxi village, Jiangsu province.

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A man takes pictures in Huaxi village, Jiangsu province.

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Steel bars are seen at the Huaxi Iron and Company in Huaxi village.

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A house employee stands at the door of a new house in Huaxi village, at Jiangsu province.

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People visit Huaxi village in Jiangsu province.