bodyType

customContents

entityId

entityUuid

articlePageQuery

filter

article

articleBaseAdvertisingInfoArticle

articleListArticle

articleSeoArticle

hooksArticleAcknowledgementGateOverlayArticle

hooksTrackPageViewArticle

hooksContentInterestArticle

articleLinkingDataContent

hooksAmpRedirectArticle

articleSchemaContent

liveArticle

advertZone

sentiment

contentLock

topics

types

sections

paywallTypes

createdDate

publishedDate

urlAlias

moreOnThisArticles

sponsorType

commentCount

authorLocations

authors

corrections

displaySlideShow

multimediaEmbed

printHeadline

seriesContainer

articleSpeeches

socialHeadline

headline

images

flag

firstTopic

glossary

flattenTypeIds

image

relatedLinks

relatedNewsletters

__typename

sponsor

pdfFiles

seriesReverseOrder

series

disableOffPlatformContent

published

updatedDate

summary

subHeadline

body

keywords

readingTime

customTimezone

liveContents

Viola Zhou

A massive banquet was held for more than 15,000 people to celebrate villagers moving into new apartment buildings that were completed only after their former homes were demolished, mainland media reports.
Goodbye old Canton: Guangzhou is booming, but at what cost to the people who live there?
The residents and their families and friends were seated at 1,500 tables laid out in the former Yangji village, in Guangzhou, Guangdong province, on Sunday, the Guangzhou Daily reported.

The poorly designed areas, which were dwarfed by skyscrapers, had been providing cheap housing for migrant workers.
Residents of Guangzhou new town’s last urban village battle against eviction
The Yangji village, which stood beside the high-end Zhujiang New Town, was included in a redevelopment project in 2009. But it took the government years to persuade all of the former residents to allow their 1,496 homes to be demolished.
As part of their compensation deals, flats in the new buildings were allocated to them.

Based on the current property prices in Guangzhou, each villager now owns a flat worth about 10 million yuan (HK$11.62 million), the report said.
The village that brought down Guangzhou’s Cao Jianliao
The village authority and a property developer paid several million yuan to stage the banquet, the report said.
The residents also enjoyed dances, magic shows and Cantonese opera during the banquet.


China’s jobless rate for young people eases to 16.9% as graduates settle for less

How young Chinese learned to stop worrying and love themselves

Wealthy Chinese appear to shun Trump’s ‘gold card’ immigration programme

Not lovin’ it: Chinese fume at McDonald’s raised prices, costlier ‘poor man’s meal’

China society

Chinese developers host banquet for 15,000 villagers to celebrate new status as flat owners

More than 15,000 people enjoyed the buffet for residents and their families in the former Yangji village near Guangzhou on Sunday. Photo: SCMP Pictures

=== NO ARCHIVE IMAGE === ATN. BANQUET04. SCMP Pictures (UNDATED HANDOUT)

News

China

People & Culture

Compensation deal means relocated villagers get new apartments worth about 10 million yuan each


Chinese developers host banquet for 15,000 villagers to celebrate new status as flat owners

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}Compensation deal means relocated villagers get new apartments worth about 10 million yuan each

Compensation deal means relocated villagers get new apartments worth about 10 million yuan each