Prefab entails the assembling of a building's components in a factory and transporting them to the construction site where the structure is to be located.
In 2009, Vanke built the first top-level green project certified by the Chinese government. In the next year, Vanke built one out of every two three-star green projects in China.
The rating system by the Ministry of Housing and Urban-Rural Development awards one to three stars - three being the highest - for every building that achieves the highest standards in the use of energy, water, land and materials.
Vanke has been opening several research and development centers since 2000 to examine green building technologies in Chinese cities including Guangdong and Beijing.
It is also in the process of setting up R&D centers overseas, such as in the United States and the United Kingdom, to take advantage of the best technology and talent around the world.
"Having a long-term vision is a great way to stay ahead of competition," says Wang.
Another important shift for Vanke is the company's greater use of its overseas network of agencies to help Chinese customers study, tour and invest abroad.
Currently, Vanke has around 1 million residential households in its customer base, but Wang believes this amount will increase dramatically in 10 years. He says he hopes to use its overseas network of agencies to provide these customers with practical services.
"We will cooperate with our overseas partners to provide information to our Chinese customers if they wish to study, tour and invest abroad. This is a win-win situation that can maximize the efficiency of our resources and networks," Wang says.
These agencies, for instance, can help customers find schools or universities abroad for their children, a process that Wang says is far more convenient than if customers went out scouting schools for themselves.
Aside from the new developments at Vanke, the last few years have been a time of personal growth and achievement for Wang. Reflecting on his stints at the two universities, Wang attributes his constant pursuit of learning to his early education experience.
Having graduated with a bachelor's degree from the water supply and drainage faculty at Lanzhou University in Gansu province, he says one of his biggest dreams growing up has always been to receive an education from a leading university overseas.
"I think I gave up my dream at the age of 50, and instead decided to achieve life challenges through adventurous activities," Wang says.
What followed were Wang's headline-worthy achievements in mountaineering and seafaring from 2002 to 2005.
But in 2010, he was invited by a representative at Harvard's China Fund to study there. It was an opportunity he could not pass up.
For Wang, it was a difficult time, having to learn English from scratch and living an unfamiliar lifestyle.
"I didn't even know how to open a bank account. I had to experience all sorts of simple things for the first time, but it was a valuable learning process," he says.
"When I first arrived at Harvard, the academic pressure was pretty full on. I had to study until around 2 or 3 in the morning, and borrow my classmates' notes to read," Wang recalls. "I was exhausted, but excited, as I have always loved learning new things, and wanted to travel abroad to study."
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2014-12-15Vanke joins key global carbon reduction project
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