Fujian: Support the issuance of REITs products for projects in new infrastructure fields such as big data, artificial intelligence, and the Internet of Things.

The General Office of the People's Government of Fujian Province has issued "Several Measures to Further Promote High-quality Development of Capital Markets Serving Science and Technology Enterprises", in which it proposes to fully tap the potential of the bond market in serving technological innovation. It will strengthen cooperation with the National Association of Interbank Market Dealers, domestic and foreign securities exchanges, and bond underwriting institutions, to regularly investigate the financing needs of enterprises issuing bonds, encourage eligible high-quality science and technology enterprises to issue innovative bonds and corporate bonds, and explore the issuance of asset securitization products such as intellectual property ABS and technology property ABS. It will further leverage the role of AAA-rated guarantee institutions to provide credit support for debt issuance by local enterprises, especially private science and technology enterprises. It will strengthen cooperation with securities exchanges to enhance the policy and information exchange of public REITs products, support the issuance of REITs products for projects in new infrastructure fields such as big data, artificial intelligence, and the Internet of Things, and encourage the use of recovered funds for investment in the field of technological innovation.