In 2022, China Resources Land received 5.56 million square meters of land plots, ranking it the first among all property developers in China. The company paid more than 87 billion yuan in transfer fees to local governments. Many local authorities in China are highly dependent on revenue generated by land transfers, due to a lack of sustainable income and high expenditures.
Ranking of land area acquired by leading real estate companies in China in 2022
(in million square meters)
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iMeigu. (December 30, 2022). Ranking of land area acquired by leading real estate companies in China in 2022 (in million square meters) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/
iMeigu. "Ranking of land area acquired by leading real estate companies in China in 2022 (in million square meters)." Chart. December 30, 2022. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/
iMeigu. (2022). Ranking of land area acquired by leading real estate companies in China in 2022 (in million square meters). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/
iMeigu. "Ranking of Land Area Acquired by Leading Real Estate Companies in China in 2022 (in Million Square Meters)." Statista, Statista Inc., 30 Dec 2022, https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/
iMeigu, Ranking of land area acquired by leading real estate companies in China in 2022 (in million square meters) Statista, https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/ (last visited December 30, 2024)
Ranking of land area acquired by leading real estate companies in China in 2022 (in million square meters) [Graph], iMeigu, December 30, 2022. [Online]. Available: https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/
