Zhejiang village punches above its financial weight

A small village once saddled with 1.5 million yuan ($236,900) in debt has attracted investment capital of 330 million yuan over the past seven years.

Zhu Renbin, Party secretary of Lujia, Zhejiang province, is the chief architect of the village's head-turning fundraising success.

In 2011, most dwellings in Lujia were still built of mud and brick, and villagers had to get around on bumpy dirt roads. Pit latrines and trash heaps turned the 16.7-square-kilometer village into an unsightly junkyard at the time.