TAIYUAN - The government of Shanxi province said fixed-asset investment in the area will reach 5 trillion yuan ($770 billion) in the next five years, aiding the process of economic restructuring.
The owner of the chateau, Zhang Wenquan, used to be a coal mine boss with total assets worth around 2 billion yuan. Zhang said he made the change as Ningxiang county’s geography and soil are suitable for grape growing, and investment in wine is a better economic development plan.