Employing a total of about 35,000 people, they are expected to produce 5 billion yuan worth of socks in 2013 now that the park has secured contracts to export to dozens of countries, including the United States, the United Kingdom, Japan and Germany, according to its website.

More than a simple industrial park, it offers help to young people who want to start their own businesses.

By September, some 1,100 college graduates had established more than 130 companies in the park. Due to its achievements, it was recognized as the most innovative enterprise by the China Association of Small and Medium Enterprises and was designated by the Jilin provincial government as a key project in its 11th Five-Year Plan (2006-10).

In late 2011, Wang and his partner Tian decided to venture further into the unknown, and this time they choose agriculture to take advantage of opportunities brought by the urbanization drive in Jilin province.

They started in Jinzhou township, one of 22 towns listed in Jilin provincial government's pilot urbanization program, by building the Jinzhou Modern Agricultural Park in cooperation with the Dongliao county government in Liaoyuan city.

Their company Jinzhou Modern Agricultural Development Co Ltd has been authorized by the county government to promote Jinzhou town's urbanization process and also designated as the developer of the 100-sq-km Zilu Lake watershed in the county.

Following the principle of protecting farmers' interests, ecological resources and folk culture, the company plans to invest 2.9 billion yuan over five years to modernize agriculture and improve the public's quality of life.

In five years, the township's industries will generate annual revenue of 550 million yuan, and the urban population will reach 23,000, accounting for 88 percent of the total, according to projections by the local government.

A successful entrepreneur, Wang has always advocated a philosophy of giving back to society.

Over the past 20 plus years, he has donated some 5 million yuan to charity programs, according to his colleagues.

One example is that he donated 400,000 yuan and mobilized his employees to offer material relief immediately after the earthquake struck Wenchuan county, Sichuan province in 2008.

In 2010, heavy rains caused floods in his home city of Liaoyuan.

Hearing the news, he donated 200,000 yuan to resettle the victims.

While promoting urbanization in Jinzhou, Wang has been offering help to orphans, poor children and seniors in the township.

Since 2011, he has donated some 800,000 yuan to local schools and nursing homes.