Pioneer of China's rural reform distributes dividends in Chongqing

Fangniu village, a pioneer of rural reform in southwest China's Chongqing, distributed dividends to its residents on Thursday. More than 1,000 eligible villagers received a total of 2.62 million yuan ($0.39 million) in 2022 dividends.

The village committee has made great efforts in recent years to help its villagers become rich. The villagers became shareholders by establishing the stock cooperative in 2019.