Core Viewpoint - The article discusses the recent fluctuations in the public REITs market in China, highlighting a downward trend in the secondary market and the impact of new policies aimed at expanding the REITs market [2][3][4]. Market Performance - The public REITs secondary market experienced an overall decline, with the CSI REITs total return index dropping by 0.81% as of September 12 [5][6]. - The market's trading activity decreased compared to the previous week, with an average daily turnover rate of 0.99% across the market [11]. Sector Analysis - All project categories saw declines, with property rights down by 1.13% and franchise rights down by 0.52%. Specific sectors like water conservancy and municipal projects faced the largest declines, at 1.64% and 1.75% respectively [7]. - Among the 74 publicly listed REITs, only 12 saw an increase, with the top performers including Zhongyin Zhongwai Logistics REIT and Huaxia Jinmao Commercial REIT, both showing gains exceeding 0.8% [7][8]. Notable Declines - A total of 61 products experienced declines, with Huatai Nanjing Jianye REIT and Huaxia Hefei Expressway REIT dropping over 4% [9][10]. Policy Developments - On September 12, the National Development and Reform Commission issued a notice to accelerate the regular application and issuance of infrastructure REITs, emphasizing the importance of expanding the market and supporting private investment projects [17][18]. - The notice encourages the simplification of the application process for new projects and the expansion of asset types eligible for REITs [18]. New Project Submissions - The first REIT project from Shanxi has been submitted to the Shanghai Stock Exchange, marking a significant step in the region's REITs development [13][14].