As of March 2021, the debt is up to more than 30 billion dollars.

Huaxi Village in the early twenty-first century, can be said to be a household name, even the central station are constantly reporting on Huaxi Village's advanced deeds, at that time was named China's "first village", is worthy of our country's all places to learn the model village.

But after two decades, the name of Huaxi Village, we almost did not hear the first two years, there were media reports that Huaxi Village continued to decline, the debt up to more than 30 billion.

The Huaxi Village at the beginning of the century was the envy of everyone, and many people lamented why they were not born in Huaxi Village. Huaxi Village is a village in Huashi Town, Jiangyin City, Jiangsu Province, but the villagers in this village live in villas, and the per capita annual income of more than 130,000, which was more than 40 times the national average, is a real "richest" village. At the time, the village had two helicopters, worth 90 million, and the village also built a special highway.

Anything in the process of development, always encounter bottlenecks, the development of Huaxi Village is no exception. The road to wealth in Huaxi Village is rooted in the fact that the village developed industry long before other places. Huaxi Village's pillar products in addition to tourism, mainly by the steel and chemical industry, but with the development of the times, industrial industry in our country gradually appeared in a state of surplus, and for environmental protection considerations, the country in recent years for the heavy industry's control is more and more stringent. All these factors have put pressure on the economy of Huaxi Village, so much so that the village is in debt to the tune of more than 30 billion yuan.

While Huaxi Village is now experiencing difficulties in its development process, it has not affected the high morale of Huaxi villagers. The villagers of Huaxi Village said that their current difficulties are only temporary, and given enough time, they will realize transformation and upgrading and create another brilliant future. It is also hoped that this village, which once shocked the world, will go through the transition period smoothly and remain a bull forever, just like the big golden ox placed in their village.

Extended information

Huaxi Estate Museum is located in Jiangyin Huaxi Xinshi Village, backed by Longsha Mountain, with a total area of 10,000 square meters, the entire antique architectural complex with reference to the design of the Palace Museum, the same proportion of replica of the Imperial Palace of China's Palace of Supreme Harmony, the Qianqing Palace, the Donghuamen, the corner tower and the red wall and other buildings, the museum set up painting and calligraphy hall, ancient Ceramics exhibition area, arts and crafts exhibition area and cultural and artistic creation hall, collection, display of famous masters of painting and calligraphy, carving, jade, porcelain, embroidery, metal crafts and so on more than 10,000 pieces (sets).

Huaxi Zengdi Air New Rural Building, located in the south of Huaxi Village, with a design height of 328 meters and a total height of 74 floors, was put into use in 2011; the top of the building features an air flower and bird garden and an air swimming pool; and a 2,000-square-meter shopping center is located on the second floor.

On September 25, 2013, the first Jiangyin Chef's Festival was successfully held in Huaxi Village, ***Set up 6 main activities: opening ceremony, the 7th National Culinary Skills Competition Jiangsu Regional Competition, the province's catering industry advanced commendation, Jiangsu-Taiwan Food and Snacks Joint Exhibition, Culinary Stunts Extreme Show, and Closing Ceremony.

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