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REITs financial innovation helps China's modernization
05:34

In the past 20 years, infrastructure construction has become an important engine for China's rapid economic growth. REITs – short for real estate investment trusts – are an ideal vehicle for effectively leveraging existing infrastructure assets and raising funds for new projects. REITs are an important financial innovation, what are their Chinese characteristics? In what ways have they helped the development of Chinese modernization? CGTN's Melody Zhang interviewed Chen Yanwei, deputy director of Bond Business Department of Shanghai Stock Exchange on his thoughts.

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