发展REITs要以党的二十大精神为重要价值取向

Spirit of 20th National Congress of Communist Party of China as Important Value Orientation of Development of REITs

我国不动产投资信托基金(REITs)发展至今,成效显著,但对关键问题的探索和改革也进入深水区。应将党的二十大报告明确的一些原则作为发展REITs长期坚持的价值取向。一是发展REITs应更加注重把着力点放在促进实体经济高质量发展上。建议更加注重调动原始权益人积极性,更加注重合理使用回收资金,更加注重规范社会资本发展,更加注重项目管理合规性。二是发展REITs应坚持以人民为中心、主要服务于长期和价值投资者。坚持做好投资者教育和市场培育,坚持把关资产质量,坚持简化产品逻辑,坚持优化运营管理。三是发展REITs应更加体现中国特色,更加贴近改革发展实际。以包容的态度对待改革中的问题,以合理的节奏拓宽发行范围,以多元化的思路发展盘活存量市场,以勇于担当的精神加大政策支持力度。

The development of China’s Real Estate Investment Trusts(REITs)have achieved remarkable results,but the exploration and reform of key issues have also entered into the deep water area.Certain principles specified in the report of the 20th National Congress of the Communist Party of China should be taken as the long-term value orientation for the development of REITs.First,the development of REITs should focus more on promoting the high-quality development of the real economy.More attention shall be paid to mobilizing the enthusiasm of original stakeholders,rationalizing the use of recovered funds,regulating the development of social capital,and securing the compliance of project management.Second,the development of REITs should be people-centered and mainly serve the long-term investors and value investors.Persist in conducting investor education and market cultivation,checking asset quality,simplifying product logic,and optimizing operation management.Third,the development of REITs should better reflect Chinese characteristics and be closer to the reality of reform and development.Treat the problems in the reform with an inclusive attitude,broaden the scope of issuance at a reasonable pace,develop and revitalize the stock market with diversified ideas,and increase policy support with a courageous spirit.