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By selling shares in a trust that owns a collection of buildings, a REIT can let shareholders enjoy the returns from rental income. "REITs feature stronger anti-inflation capability since real estate has proved itself to be a stable asset amid the fluctuations of market," said an investment adviser surnamed Li from a Shanghai-based real estate investment company.
By the end of last year, combined debt of central and local governments in China stood at 27.3 trillion yuan ( trillion), with a debt-to-GDP ratio of around 36.7 percent and the total outstanding local government debt climbing to 15.3 trillion yuan.
By the end of November, the debt-asset ratios of major industrial firms dropped 0.4 percentage points from a year earlier to 56.8 percent.
By the end of 2017, there were 831 Taiwanese enterprises in Yunnan, with a total investment of about .1 billion and trade volume between the two provinces reached 20 billion yuan.
By far, the office, located in Haikou, the capital city of Hainan, has signed cooperation agreements with six local law firms.
来源：资阳报