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Land use rights, net (Tables)

12 Months Ended

Dec. 31, 2022

Land use rights, net

Schedule of land use rights, net

Land use rights, net consist of the following:

		As of December 31,
		2021				2022
		(RMB in millions)
Land use rights			15,253				35,481
Less: accumulated amortization			(925	)			(1,633	)
Net book value			14,328				33,848

Schedule of amortization expenses related to the land use rights for future periods

As of December 31, 2022, amortization expenses related to the land use rights for future periods are estimated to be as follows:

		For the year ended December 31,
		2023				2024				2025				2026				2027				2028 and thereafter
		(RMB in millions)
Amortization expenses			791				791				791				791				791				29,893

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