Securities Regulatory Commission: Supports the issuance of REITs for new infrastructure projects such as artificial intelligence and data centers

The China Securities Regulatory Commission has issued the "Implementation Opinions on Doing a Good Job in the Financial 'Five Major Articles' of the Capital Market". It will increase multi-level bond market support for technological innovation.

Promote high-quality development of technology innovation company bonds, optimize issuance registration process, encourage relevant institutions to provide credit enhancement support for technology companies issuing bonds according to marketization and rule of law principles, and explore more tech-innovation themed bonds.

Include high-quality corporate tech-innovation bonds into benchmark market-making varieties, increase policy support for exchange pledge-style repurchase discount factor. Explore intellectual property asset securitization business.

Support projects such as artificial intelligence, data centers, smart cities and other new types of infrastructure as well as science and technology innovation industrial parks to issue Real Estate Investment Trusts (REITs), promote revitalizing existing assets, support digital transformation of traditional infrastructure.