In 2025, the income of local governments in China generated from the sale of land-use rights decreased by **** percent to ****Â trillion yuan. After the business tax was abolished and replaced by a value-added tax in 2016, local governments lost a significant share of their income. As a result, they turned towards the sale of land use rights, which resulted in local governments' necessity to facilitate real estate development independent of actual demand.
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Ministry of Finance of the People's Republic of China. (January 24, 2026). Growth rate of income from the sale of land use rights for local governments in China from 2016 to 2025 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/1227176/china-growth-rate-local-government-income-from-land-sales/
Ministry of Finance of the People's Republic of China. "Growth rate of income from the sale of land use rights for local governments in China from 2016 to 2025." Chart. January 24, 2026. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/1227176/china-growth-rate-local-government-income-from-land-sales/
Ministry of Finance of the People's Republic of China. (2026). Growth rate of income from the sale of land use rights for local governments in China from 2016 to 2025. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/1227176/china-growth-rate-local-government-income-from-land-sales/
Ministry of Finance of the People's Republic of China. "Growth Rate of Income from The Sale of Land Use Rights for Local Governments in China from 2016 to 2025." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 24 Jan 2026, /statistics/1227176/china-growth-rate-local-government-income-from-land-sales/
Ministry of Finance of the People's Republic of China, Growth rate of income from the sale of land use rights for local governments in China from 2016 to 2025 ÌÇÐÄÆƽâ°æ, /statistics/1227176/china-growth-rate-local-government-income-from-land-sales/ (last visited August 03, 2026)
Growth rate of income from the sale of land use rights for local governments in China from 2016 to 2025 [Graph], Ministry of Finance of the People's Republic of China, January 24, 2026. [Online]. Available: /statistics/1227176/china-growth-rate-local-government-income-from-land-sales/
