Healthcare, Financials, Automotive Jul 23, 2021 05:17 PM (GMT+8)
At the 2021 meeting of China REITs forum, Li Chao, vice chairman of China Securities Regulatory Commission, put forward various specific measures to promote the pilot of public offering REITs in the next stage. He said that in the next step, we should strengthen the system construction and improve and form a systematic basic system and supporting rules in terms of audit and registration, issuance and transaction, information disclosure and governance mechanism. Strengthen policy support, further promote and clarify relevant policies on the transfer of state-owned assets, promote the participation of institutional investors such as all kinds of long-term funds in investment, and promote the introduction of special tax support policies. We should continue to strengthen the top-level design, summarize the pilot experience, learn from the experience of overseas mature markets, study and launch special legislation, systematically build institutional arrangements in line with the characteristics of REITs, and consolidate the legal foundation.
This text is a result of machine translation.