The CSRC issues circulars on the promotion of quality development in the real estate investment trust (REITs) market. It proposes the continuous improvement of market ecology. Improving RITs issuance and trading mechanisms, optimizing market-oriented RITs valuation and issuance pricing mechanisms, and regulating marketing practices such as promotion, solicitation, pricing, distribution, etc. Strengthen REITs information disclosure and market constraints, taking into account the operational characteristics of real estate and the risk-benefit characteristics. (c) Continue to strengthen communication and coordination with the relevant departments and actively promote the implementation of the REITs policy package and enhance policy synergies. (b) Accelerate the development of specific legislation and sectoral regulations for REITs, with a view to enhancing the inclusiveness and adaptability of the system and strengthening the rule of law base of quality development in the REITs market. Sound multilevel REITs market system.