Financial leasing, also known as equipment leasing or modern leasing, refers to leasing that essentially transfers all or most of the risks and rewards related to asset ownership. The ownership of assets may or may not be transferred eventually.
Financial Leasing The financial leasing business carried out by enterprises with foreign investment and foreign enterprises approved by the China Banking Regulatory Commission and the competent foreign trade department.
By the end of June 20 14, there were about 1350 financial leasing companies registered and operated nationwide, including 25 financial leasing companies, 23 domestic pilot financial leasing companies, and 202 foreign-invested financial leasing companies, with a total registered capital exceeding 1022.