Analysis Of Foreign Financial Leasing Companies In China's Development Status

Financial leasing is one of the fastest growing emergingmodern service industries in the world. But, compared with thedeveloped countries, China’s financial leasing is less competitiveboth in time and extant of development.This essay starts from telling what is financial leasing, how didit generated and what is the situation now. Then, the sketch of thedevelopment of china’s financial leasing followed, with highlight oncurrent status of financial leasing in China and the emphasis thatChinese government had made on improving supervision. Thesituation of foreign owned enterprises in financial leasing industryin China, such as the scale and business profile, is the focus forwhole essay. Meanwhile, by comparing differences betweenforeign owned enterprises and domestic enterprises in financialleasing industry in aspect of supervise and tax, the advantage andthe disadvantage of foreign owned enterprises can be describedclearly. Finally, this essay gives some advise to for foreign ownedenterprises on effective events.Briefly, although financial leasing is still in initial stage inChina, foreign owned enterprises can be predicted an positivefuture, along with the deeper degree of opening-up in modernservices industries.