Revenues from local government land sales in Chinese cities rise in 2018

Friday, 04 January 2019 10:27:54 (GMT+3)   |   Shanghai
       

Revenues from sales of public land by local government to real estate developers in the 50 most-active cities in China in terms of such land sales amounted to RMB 3.74 trillion ($0.54 trillion) in 2018, up 3.7 percent year on year, as announced by Centaline Group, a Shanghai-based real estate research institute.


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