Since 2008, with the change of industry supervision policy and the increase of policy support, China's financial leasing industry has gradually matured and started to move towards a standardized, healthy and rapid development track. According to the data of Market Foresight and Investment Analysis Report of Financial Leasing Industry released by Foresight Industry Research Institute, since 20 13, the total number of financial leasing companies in China has increased nearly 8 times, reaching 82 18.
Judging from the development trend of domestic financial leasing industry, it embodies a strong procyclical attribute. In the past stage of rapid macroeconomic growth, the scale of financial leasing business in China also grew rapidly, from 24 billion yuan in 2007 to 5.6 trillion yuan in 20 17.
Nevertheless, there is still a big gap between China's current rental market development and that of developed countries. In developed countries such as Europe and America, the market penetration rate of financial leasing industry is about 15%-30%. Compared with the international advanced leasing market, China's financial leasing industry still has great room for development.