Eda Menpa’s major shift (II): From Herders to Shareholders - Economy & Society - Tibetol

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Eda Menpa’s major shift (II): From Herders to Shareholders
By:China Tibet Online
update:November 10,2017
Today, the configuration and implementation of the five-year plan has certainly done a lot to promote the village and boost the local enterprise, Tardo Muya Zeduo, as a tourist attraction for people wanting to know more about Muya culture. Now, after having undergone several negotiations between other companies, villagers, and village committees, it has been decided that 300 million yuan will be invested toward building a business mechanism, whereby the village will be expected to share its natural resources, including land, lifestock, pastures, houses, and public facilities, with locals based on a collective need. "It is estimated that in five years, we could have a 40-50 million yuan profit, with distribution between the company and village being at an 8:2 ratio, but even if there is no profit, there will always be an 850-thousand-yuan basic bonus payment the company will continue to shell out to the village," Jing says. "This means that villagers will still be able to enjoy their bonuses from the village collective and still work for the company if they want to."
Rize, although he is not able to do any labor due to a leg injury, says that he is able to provide the new local industry with his land and house. "Through this mechanism, we are able to receive a 2,000-yuan increase per person per year," he says. Altogether, he and his family earn approximately 70 thousand due to their participation in various programs, such as the village collective, family insurance, labor provisions earned by his daughter, and further income from grazing domestic animals. 
The Chinese version of this story is written by Zhuhong & Zhouyu and translated into English by Huang Wenjuan. And the story is sourced from the United Front Work Deparment of the Communist Party of China (CPC)Sichuan Provincial Committee.
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