The Improvement Of The Legal Rules Of My Country's Real Estate Trust Investment Funds (REITs)

At present,China's economy is in an important stage of transformation,and the real estate sector has entered the stock era to some extent.It is imperative to accelerate the development of real estate trust and investment funds.In the past few years,China's real estate trust and investment funds have witnessed rapid development.By the end of 2018,China had issued 43 types of REITs in total in 20181,with a total issuance amount of more than 90 billion yuan.At the legal level,the relevant departments of the state have successively issued new regulations to try to remove obstacles for the development of REITs.However,with the further development of REITs,its requirements for a complete legal system are increasingly urgent.China's securities law,trust law and tax law all have provisions that run counter to the development of REITs.At present,there is no special legislation on REITs in China,and the legal provisions on REITs are scattered in many legal documents.In order to promote the further development of China's real estate trust and investment fund,this paper will clarify the existing problems in China's existing laws,and on China's real estate trust and investment fund legislative style selection,department law to improve the proposal.