Wednesday, April 30, 2025
3:55 AM
Doha,Qatar
RELATED STORIES

Chinese farmers build wall of cash with $2.2mn payout

This picture taken on Tuesday of villagers waiting behind before a 2m long ‘money wall’ built with cash for their year-end bonus at Jianshe village of Lianshan municipality.

Farmers in one of the poorest counties in a Chinese province built a wall of cash from more than $2mn paid out in year-end bonuses, a report said yesterday.

The farmers, members of a co-operative in Liangshan county in the southwestern province of Sichuan, stacked bundles of 100-yuan banknotes into a wall 2m long and half a metre high before handing out the dividends, the semi-official China News Service reported.

The co-operative - which runs vegetable fields, fruit farms and an investment arm - paid out more than 13.1mn yuan ($2.2mn) to about 340 families, said the agency.

The cash was brought to the farmers in Jianshe by militiamen in camouflage uniform and stored in the village office under the close watch of seven guards, with three people sleeping on top of it at night.

“We used 8mn yuan as a mattress and 4.2mn yuan for pillows,” said Jin Hongzhong, one of the guards, adding they were so nervous that they stayed awake all night.

“It was not comfortable sleeping on top of so much money,” he said. “It was too hard.”

Residents of the village contribute to the co-operative in land, cash or other means, and their payouts are proportionate to their input.

It was not immediately clear whether the dividend was unusually high for the organisation but official figures show that China’s rural residents’ average net income stood at 7,917 yuan in 2012.

The highest shares in Jianshe were around 300,000 yuan, about 38 times as much, the report said.

One of them went to the family of Jin Ou, who was quoted as saying: “I’ve been counting for so long and my hands are sore, but still I’m not sure whether the number of notes is correct.”

 

 

 

Comments
  • There are no comments.

Add Comments

B1Details

Latest News

SPORT

Canada's youngsters set stage for new era

Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.

1:43 PM February 26 2017
TECHNOLOGY

A payment plan for universal education

Some 60mn primary-school-age children have no access to formal education

11:46 AM December 14 2016
CULTURE

10-man Lekhwiya leave it late to draw Rayyan 2-2

Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions

7:10 AM November 26 2016
ARABIA

Yemeni minister hopes 48-hour truce will be maintained

The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged

10:30 AM November 27 2016
ARABIA

QM initiative aims to educate society on arts and heritage

Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.

10:55 PM November 27 2016
ARABIA

Qatar, Indonesia to boost judicial ties

The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.

10:30 AM November 28 2016
ECONOMY

Sri Lanka eyes Qatar LNG to fuel power plants in ‘clean energy shift’

Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.

10:25 AM November 12 2016
B2Details
C7Details