Cooperative economy helps small village prosper in north China

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China has eradicated extreme poverty. Now the country aims toguarantee a better life for people living in rural regions. Somevillages are way ahead of the curve. And Jiajiazhuang Village is one of them, where a unique cooperative economy is helping benefit everyone in the village.

The cooperative economy, also known as a rural collective economy, sees local officials distribute profits from various sectors to villagers based on their shares in local businesses.