Developing Financial Leasing In China And Broaden SMEs' Financing Channel

SMEs financing difficulty is one significant obstruction for not only the enterprises themselves but also for China's economic growth. Through all these years there have been kinds of suggestions and financial evolutions aimed to solve this problem. Financial leasing is one of them. Not like other developed countries, in which financial leasing has become the second largest financing channel for enterprises, in China this financial product does not achieve very much reorganization.Through comprehensive explanation of the development status, existing financing channels and the new stress of Chinese SMEs and data analysis, this article at first point out that financial leasing has not improve much the situation as it was expected. Then it presents a systematic introduction about this product and the industry in China and through out the world. Revealing different developing phrases, providing the facts that obstacle this industry's developing in China and comparing with succeed practice; at last the article delivered a path to prosper financial leasing industry in China.