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Land use rights, net | 12 Months Ended
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Dec. 31, 2021
Land use rights, net |
Land use rights, net | 12. Land use rights, net Land use rights, net consist of the following:
|  | As of December 31, |
|  | 2020 |  |  | 2021 |
|  | (RMB in millions) |
Land use rights |  |  | 11,787 |  |  |  | 15,253 |
Less: accumulated amortization |  |  | (662 | ) |  |  | (925 | )
Net book value |  |  | 11,125 |  |  |  | 14,328 |
Amortization expenses for land use rights were RMB222 million, RMB229 million and RMB276 million for the years ended December 31, 2019, 2020 and 2021, respectively. No impairment charge was recorded for the years ended December 31, 2019, 2020 and 2021, respectively. As of December 31, 2021, amortization expenses related to the land use rights for future periods are estimated to be as follows:
|  | For the year ended December 31, |
|  | 2022 |  |  | 2023 |  |  | 2024 |  |  | 2025 |  |  | 2026 |  |  | 2027 and thereafter |
|  | (RMB in millions) |
Amortization expenses |  |  | 319 |  |  |  | 319 |  |  |  | 319 |  |  |  | 319 |  |  |  | 319 |  |  |  | 12,733 |

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- Definition The entire disclosure related to land use rights. + References No definition available. + Details
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