In 2024, China Resources Land received 3.15 million square meters of land plots, ranking it the first among all property developers in China. The company paid more than 54 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.
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Ranking of land area acquired by leading real estate companies in China in 2024
(in million square meters)
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Eastmoney.com. (January 13, 2025). Ranking of land area acquired by leading real estate companies in China in 2024 (in million square meters) [Graph]. In Statista. Retrieved June 17, 2025, from https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/
Eastmoney.com. "Ranking of land area acquired by leading real estate companies in China in 2024 (in million square meters)." Chart. January 13, 2025. Statista. Accessed June 17, 2025. https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/
Eastmoney.com. (2025). Ranking of land area acquired by leading real estate companies in China in 2024 (in million square meters). Statista. Statista Inc.. Accessed: June 17, 2025. https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/
Eastmoney.com. "Ranking of Land Area Acquired by Leading Real Estate Companies in China in 2024 (in Million Square Meters)." Statista, Statista Inc., 13 Jan 2025, https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/
Eastmoney.com, Ranking of land area acquired by leading real estate companies in China in 2024 (in million square meters) Statista, https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/ (last visited June 17, 2025)
Ranking of land area acquired by leading real estate companies in China in 2024 (in million square meters) [Graph], Eastmoney.com, January 13, 2025. [Online]. Available: https://www.statista.com/statistics/1311502/china-leading-property-developers-ranked-by-land-area-acquired/