The National Development and Reform Commission has issued new policies, and infrastructure REITs have entered a new stage of normal issuance

On July 26th, the National Development and Reform Commission issued the "Notice of the National Development and Reform Commission on the Comprehensive Promotion of the Normalization of Real Estate Investment Trust Fund (REITs) Projects in the Infrastructure Field". Industry experts believe that the notice further clarifies the content of the review, optimizes the recommendation procedures, and improves the institutionalization, standardization and standardization level of infrastructure REITs, marking that infrastructure REITs have entered a new stage of normalization from the pilot. The notice issued this time no longer sets requirements for the future rate of return of the project, leaving it to the market to judge and make decisions independently; it no longer sets requirements for the transfer of state-owned assets and other laws and regulations that have been clearly stipulated, and is instead handled by enterprises in accordance with laws and regulations.