The CSRC issues circulars on the promotion of quality development in the real estate investment trust (REITs) market. It proposes to accelerate the development of REITs market systems and to promote market expansion. A sustained increase in the supply of quality REITs has contributed to the growing abundance and scale of market activity. Refinement of the RITs outreach system arrangements and market-based pricing mechanisms, and active exploration of diversified and efficient ways of implementation. Supporting publicly listed REITs with robust operations, effective governance and high quality of information disclosure continues to enhance their internal dynamics of long-term value creation through the acquisition of assets, fund-raising, consolidation, etc., and orderly upgrading of the size and risk resilience of REITs assets alone. Equal treatment of ownership enterprises and support for private enterprises to build up their assets and broaden access to equity financing through REITs.