DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/a9f696/china_financial_le) has announced the addition of the "China Financial Leasing Industry Report, 2011" report to their offering.
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.
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.
About This Report:
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.
Key Topics at a Glance:
- Overview of Financial Leasing Industry
- Operating Environment of Financial Leasing Industry in China
- Operation of China Financial Leasing Industry
- Key Sectors of China Financial Leasing Industry
- Key Enterprises in China Financial Leasing Industry
- Development Trends of China Financial Leasing Industry
For more information visit http://www.researchandmarkets.com/research/a9f696/china_financial_le