The land reserve work is mainly composed of front-end requisition and demolition，mid-end land consolidation and the end of the land supply into the market. Due to the strict control of policies on land reserve funds and business operations in recent years，the only fields available for urban development and investment corporations currently was the land consolidation business with the additional income. Urban development and investment corporations’ land consolidation business subject to certain restrictions. The article used the description of the development of the land reserve market in 2019 as an introduction，pointed out the problems in the operation of the land reserve business，and then discussed the operation of the land consolidation business of the urban investment company and the future development trend.