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February 8, 2013

The 'BIG 4' developers in China recorded annual sales exceeding RMB424 billion yuan

In 2012, the 'BIG 4' real estate developers in China: Vanke, Poly, China Overseas and Evergrande have recorded a total sales revenue of approximately RMB 424.85 billion yuan from properties development. It is also reported that the top 25 developers in China have attained a total turnover of RMB 966.46 billion yuan in 2012.
     In Hong Kong, according to news report, the top four developers including Cheung Kong, Sun Hung Kai Properties, Sino Land and Henderson Land have recorded a total sales of approximately HK$77 billion in 2012 which involved some 7,900 units.

    
In Guangzhou, the provincial government has recently unveiled the latest master plan and detail urban design plans for Nansha district. With explicit endorsement from the Central Government, Nansha will be developed into one of the most advanced new towns in southern China.
     The new plan will have a railway line connecting the district to Hong Kong's international airport at Chek Lap Kok. The development includes a subway system, with 7 lines and 34 stations linking Nansha to airports in Shenzhen, Guangzhou and Hong Kong as well as Guangzhou South Railway Station. This is proposed to be completed by 2020.

Some interesting statistics on Mainland China
- Population as at December 2012
  1,354 million

- Registered internet users
  564 million
- Registered mobile phone internet users
  420 million