Number of real estate developers in China 2012-2022
In 2022, the number of enterprises for real estate development reached almost 103 thousand in China. Since the 1998 housing reform, the number of real estate developers increased almost every year. The vast majority of real estate developing companies in China are privately-owned. Despite the substantial growth in the sector, the number of state-owned real estate companies shrunk from almost 1,100 in 2020 to 1,387 in 2022, while the number of companies with investments from Hong Kong, Macau, Taiwan, and overseas also decreased slightly in the past two decades.
