男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Markets

China to surpass US as world's largest financial leasing market: report

(Xinhua) Updated: 2015-07-21 17:00

TIANJIN - China's financial leasing market is expected to hit 5 trillion yuan during the first half of 2016 to become the world's largest, surpassing that of the United States, according to a report released Tuesday.

The number of financial leasing firms surged nearly 45 percent during the first half of this year to 3,185, and the sector is expected to maintain an annual growth rate of 30 percent during the next five years, according to the report on China's financial leasing industry released jointly by the China financial leasing association and its partners.

Financial leasing contracts stood at 3.66 trillion yuan at the end of June, up 14.2 percent from six months ago.

The surge in financial leasing activities is partly fueled by listed Chinese firms tapping the service for cheap credit, as the 21st China Business Herald reported last week that listed firms in the telecom, agriculture, pharmaceutical, energy and equipment manufacturing sectors have waded into leasing territory.

The newspaper said that listed firms have increasingly used sale leaseback -- the practice of renting assets sold earlier -- to obtain financing as much as 10 percent cheaper than bank loans.

Dozens of listed firms have built, acquired or bought stakes in financial leasing firms.

Equipment used as collateral for bank loans can only win companies funding up to 60 percent of the equipment's book value, according to the news report. In sale-leaseback, however, funding can reach more than 80 percent.

About one-fourth of China's financial leasing activities take place in the eastern Chinese coastal city of Tianjin, and its Dongjiang bonded port seeks to spearhead offshore financial leasing using preferential policies for the Tianjin free trade zone.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 墨玉县| 林芝县| 江孜县| 商丘市| 临澧县| 孝义市| 色达县| 曲沃县| 南投县| 静宁县| 平顶山市| 关岭| 夹江县| 阜平县| 子长县| 库伦旗| 兴山县| 阿图什市| 广饶县| 淅川县| 平定县| 湘潭县| 石楼县| 当涂县| 南澳县| 田东县| 万山特区| 肃南| 张家川| 崇礼县| 大城县| 湖州市| 得荣县| 南溪县| 怀集县| 牙克石市| 顺平县| 开江县| 贺兰县| 徐水县| 怀宁县|