商务部等5部门办公厅印发《城市商业提质行动方案》 支持符合条件的商业地产项目发行REITs

Core Viewpoint - The Ministry of Commerce, along with four other departments, has issued the "Urban Commercial Quality Improvement Action Plan," aiming to enhance urban commercial systems to stimulate economic growth and meet diverse consumer needs [1][2]. Group 1: Key Tasks and Objectives - The plan outlines seven key areas with 21 main tasks, including improving network layout, upgrading business formats, enriching quality supply, and optimizing space utilization [2]. - Specific tasks include promoting the renovation of pedestrian streets, fostering the integration of online and offline businesses, and enhancing the supply of diverse goods [2][3]. - The plan emphasizes the importance of integrating commercial activities with tourism and culture to create new business opportunities [2][3]. Group 2: Financial and Policy Support - The plan calls for strengthened financial support, including the use of central government funds to assist urban commercial enterprises in upgrading their operations and facilities [1][2]. - It encourages the issuance of Real Estate Investment Trusts (REITs) for qualifying commercial real estate projects to provide long-term financing support [1]. - The plan also highlights the need for tax incentives for small and micro enterprises to promote compliance and innovation [1][2]. Group 3: Urban Development and Resource Management - The plan aims to optimize urban commercial facility supply and address high vacancy rates in commercial properties through policy measures and land use adjustments [3]. - It includes initiatives for revitalizing underutilized commercial land and promoting mixed-use developments [3]. - The Ministry of Natural Resources is actively researching policies to support the transformation of low-efficiency commercial land [3].