China launches public Reit rules after decade-long wait

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China launches public Reit rules after decade-long wait

China_infrastructure_bridge_PA_575X375_04May20
(200428) -- JIANHE COUNTY, April 28, 2020 (Xinhua) -- In this aerial photo taken on April 28, 2020, the two sections of the Qingshuijiang bridge are joined together in Jianhe County, southwest China's Guizhou Province. As part of the Jianhe-Rongjiang Expressway, the Qingshuijiang cable-stayed bridge is 540 meters long with a height of 184 meters. It is expected to open to traffic in late June. (Xinhua/Yang Wenbin) | Yang Wenbin/Xinhua News Agency/PA Images

The China Securities Regulatory Commission and the National Development and Reform Commission have jointly announced a long-awaited pilot programme for real estate investment trusts to promote economic growth. The trial allows the listing of Reits backed by infrastructure projects.

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