China launches framework for publicly traded REITs in infrastructure projects

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China has launched a pilot programme that will pave the way for the securitisation of infrastructure projects across the country.

The programme was launched by the National Development and Reform Commission (NDRC) and the China Securities Regulatory Commission (CSRC) on 30 April.

To mark the launch, the agencies issued a joint document known as the "Notice on Promoting the Relevant Work of Real Estate Investment Trust Funds (REITs) in Infrastructure".

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