Chongqing Land Group, established in 2003 with a registered capital of 5 billion yuan, is a state-owned key enterprise approved by the Chongqing Municipal People's Government. The group focuses on first-tier development of municipal reserve land and the construction of significant infrastructure projects. Furthermore, it actively engages in urban public service investment and operation, while expanding its business ventures in real estate, digital technology and public parking. With a remarkable portfolio comprising 19 wholly-owned and controlling subsidiaries alongside 16 equity-participating companies, the group’s total assets soared to an impressive 141 billion yuan as of the end of June 2023.
Since its establishment, Chongqing Land Group has remained steadfast in its commitment to the principles of prioritizing core responsibilities and effectively serving the greater good. It has diligently fulfilled its duties in pivotal areas such as land regulation and the development of social and cultural public welfare facilities, boasting an accumulated investment of a staggering 276 billion yuan. Moreover, it has supplied a cumulative land area of 72,500 mu (approximately 113.28 acres), yielding a comprehensive land transfer value of 243.1 billion yuan. The group has played a proactive role in the construction of 10 important areas, including Chongqing College City, Danzishi, and Chayuan Industrial Park, covering a vast expanse of 91 square kilometers. Undertaking over 400 public cultural and infrastructure projects of varying magnitudes, such as the Three Gorges Museum, Jiayue Bridge, and Western Station Integrated Transportation Hub, the group has ingrained itself as the visionary behind numerous iconic landmarks in Chongqing. Its accomplishments have earned itself more than 50 prestigious provincial, ministerial, and municipal awards, including the State-owned Enterprise Contribution Award and the esteemed China Construction Engineering Luban Award.
In the 14th Five-Year Plan period and beyond, Chongqing Land Group will wholeheartedly embrace the spirit of the 20th National Congress of the Communist Party of China and diligently implement the decisions made at the second and third plenary sessions of the 6th Chongqing Municipal Party Committee. It will focus on its main responsibilities and seize opportunities such as the Number One Project and digital transformation to accelerate its pace of digital transformation, promote functional restructuring, advantage enhancement, and institutional and mechanism reshaping. The group will continuously strengthen and optimize the six major industries known as the “Dual-Core, Four-Drive” model, with the ultimate aim of building a groundbreaking real estate sector and becoming a comprehensive operator of smart cities with national influence.