Surrounded by rapeseed fields and strip-mined mountains, Shi Xuenian has finally secured a permanent home for the piano coating factory he founded 27 years ago.
In a deal with Dongheng village in the eastern Chinese county of Deqing, Mr Shi bought an 8 hectare parcel of land in a quarry-turned industrial park for Rmb2m ($285,000), less than half of what the same space in a neighbouring factory park would have cost. He then spent Rmb14m putting up two buildings where workers give half-made pianos a mirror finish.
“This is the first time I’ve owned an industrial property,” said Mr Shi, 48, who had rented in seven locations before settling down in Dongheng. “I don’t have to worry about getting kicked out by landlords any more.”
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