Core Viewpoint - The development of the infrastructure REITs market in China is gaining attention as a key tool for revitalizing existing assets and broadening social capital investment channels, with new guidelines issued by the National Development and Reform Commission to promote sustainable growth in this sector [1] Group 1: Expansion of Infrastructure REITs Market - The new guidelines encourage the issuance of large-scale infrastructure REITs projects, which can enhance market attractiveness and influence, serving as a strong driving force for market development [2] - Accelerating the application of mature asset types such as toll roads, clean energy, and affordable rental housing is crucial for stabilizing supply, boosting investor confidence, and optimizing market structure [3] - Increasing the issuance of potential asset types like heating, water conservancy, and data centers can activate new market dynamics, aligning with the growing demand in the digital economy [4] Group 2: Support for Fundraising - The guidelines optimize the fundraising mechanism for infrastructure REITs by streamlining the approval process and prioritizing eligible new projects, which is expected to reduce costs and improve efficiency [5][6] - Supporting cross-industry and cross-regional asset acquisitions helps diversify risks and create a more resilient revenue structure for infrastructure REITs [7] Group 3: Enhancing Service Levels - Establishing a specialized coordination service mechanism for private investment projects aims to facilitate their participation in the REITs market, thereby lowering participation costs and enhancing application convenience [8] - Implementing an information system for infrastructure REITs projects will standardize and improve the efficiency of the application and review processes, fostering a more transparent and effective management system [9]