SHANGHAI, (Reuters) – China released guidelines Wednesday for infrastructure investments. They want to channel more private capital to existing projects.

China will promote development of real-estate investment trusts, (REITs), to unlock capital in projects that are already in progress. The State Council (or China’s cabinet) also stated in a statement posted on its website, “China will continue to promote the development REITs to free up capital and promote Public-Private Partnerships” to bring in more private funding.