The Legal Research Of Real Estate Investment Trusts In China

Nowadays, real estate in China plays a role in globalization of world real estate and becomes one of the key industries in China, the capital market has basically formed in China, the finance, especially trusts is facing reconstruction and renovation, although the real estate finance has become systematical, its development still remains backwards, and the financial tools are calling for renovation, on this accession, the thesis aims to study on the real estate investment trusts in China.Chapter 1 is introduction, which concludes the research background of this study, the importance of developing REIT in China and literature review.Chapter 2 introduces the background, working model, developing state quo of REIT of other countries.Chapter 3 is the analysis of legislation and status quo of REIT in China. And point out the deficiency of REITS in China.Chapter 4 is the analysis of necessity and feasibility of developing REIT in China. It mainly discusses the state quo of financial trusts, real estate and how the finance supports real estate. The author analyzes the feasibility of developing REIT in China, and it'll promote the development of real estate and satisfy the investor's requirement;this institution can protect the benefits of all participants.Chapter 5 presents 7 strategies in developing REIT by government: establish the consummately system of Trust and REIT, improving the level and efficacy of legislation;stick to the road of marketing, cultivate and develop the system of Trust;provide the legal environment for the REIT;establish the structure of REIT, and cultivate many investors;perfect the system of cultivating the talent and making the news publication;strengthen the supervising of organization about REIT;perfect the measure of punishment, increase the efficacy on duty and so on.