After the rapid development during the “Eleventh Five-Year” (2006-2010) period, China’s financial leasing industry gradually returned to reason in 2011, and achieved annual business volume of RMB 930 billion, up 32.9% year on year, far lower than the CAGR of 205.8% during the “Eleventh Five-Year” period. There are two main reasons for the gap: First, the growth of construction machinery, ship and other downstream industries slowed down; Second, the government adopted a tight monetary policy, impacting the capital source of both domestic-funded and foreign-funded leasing companies.
At the end of 2011, the Ministry of Commerce of China promulgated the “Guidance on Promoting the Development of Financial Leasing Industry during the Twelfth Five-Year Period”, paying more policy attention on the financial leasing industry; in addition, among other factors, more than 100 financial leasing enterprises set up in 2011 will start operation in succession, therefore, it’s expected that China’s financial leasing business volume will reach RMB 1.3 trillion in 2012.
The Report analyzes the current status of China’s financial leasing industry, and focuses on the operation of three major types of financial leasing companies in China, and the development of aviation, ship, construction machinery, medical equipment and other major financial leasing market segments.
By regulatory authority, financial leasing companies in China can be categorized into financial leasing companies, foreign-funded leasing companies and domestic-funded leasing companies.
Financial leasing companies are mostly invested by banks, and take the lead in terms of the level of financial leasing. In 2011, there are 20 financial leasing companies in China, accounting for RMB 390 billion (41.9%) of the total financial leasing business volume in the year.
Meanwhile, foreign-funded leasing companies have reinforced their strength continuously, especially after the transfer of the right to examine and approve foreign-funded leasing companies to lower authorities in 2010. As of the end of 2011, there are 200 foreign-funded leasing companies in China, an increase of 80 compared with 2010; the financial leasing business volume also increased by 69.2% year on year to RMB 220 billion. In 2012, with the implementation of “Foreign Investment Industry Guidance Catalog (2011 revision)”, the category of “Foreign-Invested Financial Leasing Company” will be adjusted from “Restricted” to “Allowed”, and the quantity and financing scale of foreign-funded leasing companies will further expand in the future.
China Financial Leasing Industry
Published: January 2012
No.OF Pages: 112
Price: Single User License US$ 2200 Corporate User License US$ 3400
Table Of Contents
1. Overview of Financial Leasing Industry
1.1 Definition and Characteristics of Financial Leasing
1.2 Business Forms and Application Range of Financial Leasing
2. Operating Environment of Financial Leasing Industry in China
2.1 Policy Environment
2.2 Economic Environment
3. Operation of China Financial Leasing Industry
3.1 Industry Development
3.1.1 Global Status
3.1.2 Development
3.1.3 Potential
3.2 Operation of Financial Leasing Enterprises in China
3.2.1 Enterprise Types and Quantity
3.2.2 Financial Leasing Companies
3.2.3 Domestic-funded Leasing Companies
3.2.4 Foreign-funded Leasing Companies
3.3 Regional Development
Summary
4. Key Sectors of China Financial Leasing Industry
4.1 Aviation
4.1.1 Development of China Air Transport Industry
4.1.2 Financial Leasing Market
4.1.3 Aircraft Leasing of Airlines
4.1.4 Constraints
4.2 Ship
4.2.1 Development of China Ship Industry
4.2.2 Financial Leasing Market
4.2.3 Features of Financial Leasing
4.3 Construction Machinery
4.3.1 Development of China Construction Machinery Industry
4.3.2 Financial Leasing Market
4.3.3 Financial Leasing Enterprises
4.4 Medical Equipment
4.4.1 Development of China Medical Equipment Industry
4.4.2 Financial Leasing Market
4.4.3 Competition in Financial Leasing
4.4.4 Problems of Medical Equipment Financial Leasing Market
4.5 Printing Equipment
4.5.1 Development of China Printing Equipment Industry
4.5.2 Financial Leasing Market
4.5.3 Problems of Printing Equipment Financial Leasing Market
4.6 Rail Transport Equipment
4.6.1 Development of China Rail Transport Market
4.6.2 Financial Leasing
4.7 Telecommunication and IT
4.7.1 Development of China Telecommunication and IT Industry
4.7.2 Financial Leasing
4.8 Security
4.8.1 Development of China Security Industry
4.8.2 Financial Leasing
4.9 Radio and Television
4.9.1 Development of China Radio and Television Industry
4.9.2 Financial Leasing
4.9.3 Financial Leasing of Key Enterprises
Summary
5. Key Enterprises in China Financial Leasing Industry
5.1 CDB Financial Leasing Co., Ltd.
5.1.1 Profile
5.1.2 Operation
5.1.3 Financial Leasing Business
5.1.4 Major Events
5.2 ICBC Financial Leasing Co., Ltd.
5.2.1 Profile
5.2.2 Operation
5.2.3 Financial Leasing Business
5.3 BOC Aviation Pte. Ltd.
5.3.1 Profile
5.3.2 Operation
5.3.3 Financial Leasing Business
5.4 CCB Financial Leasing Co., Ltd.
5.4.1 Profile
5.4.2 Operation
5.5 Minsheng Financial Leasing Co., Ltd.
5.5.1 Profile
5.5.2 Operation
5.5.3 Financial Leasing Business
5.6 Bank of Communications Finance Leasing Co., Ltd.
5.6.1 Profile
5.6.2 Operation
5.7 CMB Financial Leasing Co., Ltd.
5.7.1 Profile
5.7.2 Operation
5.8 China Huarong Financial Leasing Co., Ltd.
5.8.1 Profile
5.8.2 Operation
5.8.3 Financial Leasing Business
5.9 Jiangsu Financial Leasing Co., Ltd.
5.9.1 Profile
5.9.2 Operation
5.10 Far East Horizon Limited
5.10.1 Profile
5.10.2 Operation
5.11 Hebei Financial Leasing Co., Ltd.
5.12 New Century Finance Leasing Co., Ltd.
5.13 Golden Bridge United Financial Leasing Co., Ltd.
Summary
6. Development Trends of China Financial Leasing Industry
6.1 Industry Development Outlook
6.2 Enterprise Development Trends
List Of Charts