The CSRC issues circulars on the promotion of quality development in the real estate investment trust (REITs) market. It proposes the strengthening of secondary market construction. To enrich the index system covering REITs, to support fund managers in the development of index-linked products, to support eligible public fund-raising funds in the inclusion of REITs, and to explore innovative products such as the Open Trading Index Fund (REITsETF), which tracks the REITs index, to further enrich investor asset allocation options. Increased efforts have been made to channel the medium- and long-term financing of insurance funds, social security funds and pension funds into the market, so as to perform their role as stabilizers and ballasts. Promote the inclusion of REITs in the range of deep-water ports and increase the high level of market openness. Promote capacity-building of professional investment agencies in REITs and advocate for investors to focus on asset fundamentals and long-term investment values.