In 2021, more than 94 percent of land acquisitions by major property developers in China happened in tier-2 and lower-tier cities as measured by transferred area. In that year, Country Garden Holdings received over 40 million square meters of land plots from the corresponding local governments, ranking first among all real estate companies in China.
Distribution of land acquired by 50 leading real estate companies in China in 2021, by city tier
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Sina.com.cn. (January 1, 2022). Distribution of land acquired by 50 leading real estate companies in China in 2021, by city tier [Graph]. In Statista. Retrieved February 08, 2025, from https://www.statista.com/statistics/1311512/china-land-acquisition-area-of-property-developers-broken-down-by-city-tier/?__sso_cookie_checker=failed
Sina.com.cn. "Distribution of land acquired by 50 leading real estate companies in China in 2021, by city tier ." Chart. January 1, 2022. Statista. Accessed February 08, 2025. https://www.statista.com/statistics/1311512/china-land-acquisition-area-of-property-developers-broken-down-by-city-tier/?__sso_cookie_checker=failed
Sina.com.cn. (2022). Distribution of land acquired by 50 leading real estate companies in China in 2021, by city tier . Statista. Statista Inc.. Accessed: February 08, 2025. https://www.statista.com/statistics/1311512/china-land-acquisition-area-of-property-developers-broken-down-by-city-tier/?__sso_cookie_checker=failed
Sina.com.cn. "Distribution of Land Acquired by 50 Leading Real Estate Companies in China in 2021, by City Tier ." Statista, Statista Inc., 1 Jan 2022, https://www.statista.com/statistics/1311512/china-land-acquisition-area-of-property-developers-broken-down-by-city-tier/?__sso_cookie_checker=failed
Sina.com.cn, Distribution of land acquired by 50 leading real estate companies in China in 2021, by city tier Statista, https://www.statista.com/statistics/1311512/china-land-acquisition-area-of-property-developers-broken-down-by-city-tier/?__sso_cookie_checker=failed (last visited February 08, 2025)
Distribution of land acquired by 50 leading real estate companies in China in 2021, by city tier [Graph], Sina.com.cn, January 1, 2022. [Online]. Available: https://www.statista.com/statistics/1311512/china-land-acquisition-area-of-property-developers-broken-down-by-city-tier/?__sso_cookie_checker=failed
