China makes REITs push to speed up infrastructure investment


SHANGHAI: China's state planner is making a nationwide push to boost the country's nascent real estate investment trusts (REITs) market, as Beijing seeks to speed up infrastructure investment.

The National Development & Reform Commission (NDRC) urged its local bureaus to step up publicity, cut red tape, and improve services, so that more infrastructure projects can be listed in the form of REITs, according to a notice posted on the agency's website on Friday.

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