On December 1st, the General Office of the National Development and Reform Commission issued the "List of Industry Scope for Real Estate Investment Trusts (REITs) Projects in the Infrastructure Sector (2025 Edition)", and the expansion of infrastructure REITs has officially "landed", including urban renewal facilities, hotels, sports venues, commercial office facilities and other industry sectors and asset types, with the issuance scope expanded to 15 major industries. The reporter noticed that the National Development and Reform Commission had previously revealed that it is promoting the expansion of infrastructure REITs. Li Chao, Deputy Director and spokesperson of the Policy Research Office of the National Development and Reform Commission, stated at a press conference in November that the commission is actively promoting the further expansion of infrastructure REITs. From the 2025 list of infrastructure REITs projects, transportation infrastructure, energy infrastructure, municipal infrastructure, ecological and environmental protection infrastructure, warehousing and logistics infrastructure, park infrastructure, new infrastructure, rental housing, water conservancy facilities, cultural tourism infrastructure, consumption infrastructure, commercial office facilities, elderly care facilities, urban renewal facilities, as well as other infrastructure projects that meet the requirements of major national strategies, development plans, industrial policies, etc., are all included. The reporter learned that since the launch of infrastructure REITs work in 2020, the National Development and Reform Commission and the China Securities Regulatory Commission have continued to promote the expansion of the infrastructure REITs market. In the initial stage of work, warehouse logistics, toll roads, municipal facilities, industrial parks, etc. will be included in the scope of issuance; Subsequently, on this basis, industries and asset types such as clean energy, data centers, affordable rental housing, water conservancy facilities, cultural tourism, and consumer infrastructure were gradually added. The issuance scope of infrastructure REITs projects has covered 52 asset types in 12 major industries, of which 18 asset types in 10 industry sectors have achieved their first listing. The 2025 list of infrastructure REITs projects includes 15 major industries, including urban renewal facilities, hotels, sports venues, commercial office facilities, and more industry sectors and asset types. Among them, commercial office facilities are super Grade A and Grade A commercial building projects in mega cities; Elderly care facilities are registered and filed with the civil affairs department in accordance with the law as elderly care projects; Urban renewal facilities include renovation projects for old neighborhoods and old factory areas, as well as comprehensive urban renewal facilities projects covering various asset types mentioned above. Li Chao previously stated that while expanding the scope of infrastructure REITs, the National Development and Reform Commission will continue to strengthen coordination and cooperation with the China Securities Regulatory Commission, further optimize the application and recommendation process, dynamically improve relevant project application requirements, enhance work quality and efficiency, and support more eligible projects to be issued and listed on the basis of strict risk prevention and quality control, in order to better promote the support of infrastructure REITs for the development of the real economy. Guan Peng, Deputy Director of the fixed assets investment Department of the National Development and Reform Commission, said that he would speed up the promotion of the first listing of new asset type projects. According to reports, as of now, the National Development and Reform Commission has recommended 105 projects to the China Securities Regulatory Commission, and 83 projects have been issued and listed, covering 10 industries and 18 asset types such as toll roads, clean energy, urban heating, ecological environment protection, warehousing and logistics, industrial parks, data centers, rental housing, water resources, and consumer infrastructure. The total amount of funds issued is 207 billion yuan, and it is expected to drive a total investment of over 1 trillion yuan in new projects. (New Society)