Home > News > Regional
Wednesday January 15, 2014 MYT 7:06:00 PM
Wednesday January 15, 2014 MYT 7:13:36 PM
This picture taken on January 14, 2014 shows villagers waiting before a two-metre-long "money wall" built with cash for their year-end bonus at Jianshe village of Lianshan municipality, southwest China's Sichuan province.- AFP
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 two metres (seven feet) 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 13.1 million yuan ($2.2 million) 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 eight million yuan as a mattress and 4.2 million 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."
China and Russia in joint effort to build large seaport
China on track to develop Indian railways as Xi heads to South Asia
More than half of Chinese see war with Japan
India and China in wary dance as Xi visits South Asia
Food safety fears see farming return to high-rise Hong Kong
Japan volcano rescue suspended as death toll rises to 36
Cops want ban on bottled beer
Fears over fresh eruption halt Japan volcano search
Japan volcano death toll hits 48 as new bodies found
Japan's 'shinkansen' bullet train marks 50th birthday
Hong Kong leader demands protests end 'immediately'
German privacy watchdog tells Google to restrict use of data
Goodbye, Shirley: ‘Community' star leaves show
Djokovic maintains perfect record, Wozniacki exits
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)