The China Banking and Insurance Regulatory Commission (CBIRC) issued the Rules on Insurance Asset Management Company (New Rules) after extensive consultation on 05 April 2022. These will come into force on 01 September 2022.
On 21 June 2021, the first batch of four real estate investment trust funds in the field of infrastructure (REITs) were successfully listed at Shenzhen Stock Exchange (SZSE). Over the past year, these products have operated smoothly, the supporting system has been continuously improved, investors have actively participated, and the market function has been gradually brought into play— realizing the phased targets of “a stable and good start”. In June 2022, the relevant person in charge of SZSE said that SZSE will promote the high-quality development of the infrastructure REITs market from five aspects, one of which is “continue to support QFII and RQFII to invest in domestic REITs products”.