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Land use rights, net (Tables)

12 Months Ended

Dec. 31, 2023

Land use rights, net

Schedule of land use rights, net

Land use rights, net consist of the following:

		As of December 31,
		2022				2023
		(RMB in millions)
Land use rights			35,481				42,219
Less: accumulated amortization and impairment			(1,633	)			(2,656	)
Net book value			33,848				39,563

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

As of December 31, 2023, amortization expenses related to the land use rights for future periods are estimated to be as follows:

		For the year ended December 31,
		2024				2025				2026				2027				2028				2029 and thereafter
		(RMB in millions)
Amortization expenses			944				944				944				943				943				34,845

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