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BIZCHINA> Top Biz News
Vanke aims to double market share
(Agencies)
Updated: 2009-04-15 16:25

China Vanke, the country's biggest listed real estate developer, is aiming to double its market share over the next decade, as many predict consolidation for China's crowded real estate market.

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The company is aiming to boost its market share to 5 percent in the next five to 10 years, compared with 2.34 percent in 2008, said Chairman Wang Shi, speaking at an event in Taipei.

He said the firm expected to be developing about 200,000 residential units by the middle of this year.


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