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Number of collective-owned enterprises for real estate development in China decreases in 2017

China National Statistical Office reported that compared with the previous year number of enterprises decreased by 12.64 percent. Number of enterprises diminished from 364 to 318, as it follows the tendency of the prior year when it went down by 11%. It's the lowest number in its history since 2000. China saw a diminution of 90.89% in number of enterprises during the last 18 years. Likewise, it has shown a negative compound annual growth rate of 0.11% during the 5 years with a marginal overall decrease since the start of observations. It averaged 1 473.56 from 2000 to 2017 and it attained its maximum of 3 492 in 2000.

Number of collective-owned enterprises for real estate development in China decreases in 2017
Date Number Variation
2017 318.00 -12.64
2016 364.00 -11
2015 409.00 -10.5
2014 457.00 -19.82
2013 570.00 -36.95
2012 904.00 -11.63
2011 1 023.00 -16.15
2010 1 220.00 -10.36
2009 1 361.00 -10.46
2008 1 520.00 6.29

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