In 2022, 35 percent of Guangxi's land transfer revenue were contributed by urban investment groups, signalling systematic problems in the province's real estate market. Urban investment groups are mostly commercial entities set up by the local governments, and the debt situation within these groups, together with debts accumulated by local governments is a long-term risk to the Chinese economy.
Share of land transfer revenue paid by urban investment groups in China 2022, by province
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Share of turnover paid by urban investment groups
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Haitong. (February 5, 2023). Share of land transfer revenue paid by urban investment groups in China 2022, by province [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1394234/china-share-of-land-transfer-turnover-paid-by-urban-investment-groups-by-province/
Haitong. "Share of land transfer revenue paid by urban investment groups in China 2022, by province." Chart. February 5, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1394234/china-share-of-land-transfer-turnover-paid-by-urban-investment-groups-by-province/
Haitong. (2023). Share of land transfer revenue paid by urban investment groups in China 2022, by province. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1394234/china-share-of-land-transfer-turnover-paid-by-urban-investment-groups-by-province/
Haitong. "Share of Land Transfer Revenue Paid by Urban Investment Groups in China 2022, by Province." Statista, Statista Inc., 5 Feb 2023, https://www.statista.com/statistics/1394234/china-share-of-land-transfer-turnover-paid-by-urban-investment-groups-by-province/
Haitong, Share of land transfer revenue paid by urban investment groups in China 2022, by province Statista, https://www.statista.com/statistics/1394234/china-share-of-land-transfer-turnover-paid-by-urban-investment-groups-by-province/ (last visited August 24, 2024)
Share of land transfer revenue paid by urban investment groups in China 2022, by province [Graph], Haitong, February 5, 2023. [Online]. Available: https://www.statista.com/statistics/1394234/china-share-of-land-transfer-turnover-paid-by-urban-investment-groups-by-province/
