On September 27, 2020, the China REITs Forum Annual Conference 2020, jointly hosted by China REITs Forum, Shanghai Stock Exchange, Shanghai Municipal Development & Reform Commission and Shanghai Municipal Financial Regulatory Bureau was inaugurated in Shanghai.
More than 300 experts from stock exchanges, industry associations, universities, financial institutions and well-known enterprises in major REITs markets attended the meeting, and shed new light on the launch of publicly offered REITs and the construction of infrastructure REITs ecosystem in China. The Chinese speakers were also joined by respected voices from the international community on line.
Xu Xianping, chairman of China REITs Forum 2020, counselor of the State Council and distinguished professor of Guanghua School of Management, Peking University, issued the Welcome Remarks. The total market value of REITs in 42 countries has been well over $2 trillion, and has already become the 4thlargest category of asset allocation besides stocks, bonds and derivatives. Xu pointed out that promoting pilot infrastructure REITs projects was not only a significant measure to deepen the financial supply-side structural reform and enhance the ability of the capital market to serve the real economy, but also an effective way to revitalize the stock assets while driving incremental investment, as well as freeing the internal circulation. Meanwhile, it also served as a milestone in the reform and innovation of investment and financing system in the infrastructure sector in China