The National Development and Reform Commission issued a notice on further promotion of private investment and mobilization of the enthusiasm of private investment, which proposed to encourage private investment projects to issue real estate investment trust funds (REITs) in the field of infrastructure. We will further intensify our efforts to recommend more qualified private investment projects to issue infrastructure REITs, promote the diversification of asset types, further broaden the investment and financing channels of private investment, reduce the asset-liability ratio of enterprises, and improve reinvestment capabilities. Provincial development and reform commissions should strengthen communication and coordination with departments of natural resources, ecological environment, housing and urban-rural development, with a focus on the improvement of preliminary procedures, handling of property rights certificates, land use management, etc., to help implement the conditions for the revitalization of stock assets, and support more private investment projects to issue infrastructure REITs.



