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Manadatory Credit: Photo by Quirky China News / Rex Features (1467468i) A new landmark skyscraper in Huaxi village, East China's Jiangsu province, welcomed guests on October 8, 2011, raising the skyline of the country's wealthiest village to a new height. China's Wealthiest Village Celebrates 50 Years With Skyscraper Hotel A new landmark skyscraper hotel in Huaxi, China's wealthiest village, has started welcoming guests, raising the skyline - and profile - of China's proudest success story to a new height. The 74-storey Longxi International Hotel, 328 meters high and in east China's Jiangsu Province, is as high as the tallest building in Beijing. The building ranks as the 15th-highest skyscraper in the world, dwarfing many famous buildings such as the Eiffel Tower in Paris and New York's Chrysler Building, according to China Daily, a government English Newspaper. Work on the five-star hotel began in 2007 and was completed in less than four years. It cost 3 billion Yuan ($470 million) and was partly financed by the villagers. Each of the 200 households became a shareholder by each providing 10 million Yuan, the China News Service reported. "The building is a symbol of collectivism," Zhou Li, deputy Party chief of the village and manager of the Huaxi Village Tourism Co, told China Daily. According to Zhou, the building has more than 800 suites, which could accommodate about 2,000 people. The high-rise also features an exhibition hall, revolving restaurant, rooftop swimming pool and gardens. An ox made of a ton of gold is displayed on the 60th floor, which is worth 300 million Yuan. The building was opened on the same day that the village celebrated its 50th anniversary. Wu Xie'en, Party secretary of Huaxi village, said at the opening ceremony that the skyscraper could help ease the pressure on the village caused by limited land as well as raising the living... For more information visit http://www.rexfeatures.com/stacklink/VBFOJTZXV