The Study On The Problems And Countermeasures Of Financing Lease Industry In China

Modern financing lease generated in the United States after World War II, is a product of economic and social development to a certain stage. It is called the “21st century sun raising industry”. Compared with the traditional leasing, bank credit, payment, stock financing, financing lease has its own unique advantages. Its five functions, including financing, investment, promotion, realization and asset management is having a profound impact on the regulation of national macro-economic development and enhance the business management system significance. In the western developed countries, the development of financing lease industry is already quite mature. Now, it has become the second largest financing channel next to the bank credit. The 2013 annual global financing lease contract has been more than 883.96 billion.In the process of the development of financial leasing around the world, The United States, Japan, Britain, Germany and other countries whose financial leasing industry are developed have formed the development mode with its own characteristics in terms of supervision, legal, tax incentives and financial support, to provide a good reference material for the development of China’s financial leasing industry in the future.Up to now, financing lease business has been 30 years of development history in China. It has experienced four stages, the high speed growth period, the industry consolidation period, the legal construction period, the vitality restoration and vigorous development period. At present, China has built up a set of norms and supervision system involved supervision, legal, accounting and tax, the four pillars of financing lease. But compared with the financing lease industry in developed countries, due to the late beginning of financial leasing in China, the ups and downs of the development process, the distinctive features of the current situation of the development, domestic economic growth by leaps and bounds etc, domestic current laws and policies related to financing lease cannot be good to meet the financing leasing industry further development. Through the following parts, this paper will analyze the problems of financing lease industry in China and put forward countermeasures.The first part: Introduce the research background and the research significance.The second part: Introduce the research literature at home and abroad, and indicate the basis for this study.The third part: Introduce the basic definition of financing lease, the characteristics and the main application modes.The fourth part: Compare the characteristics of financing lease with other financial models, introduce and highlight the advantage and Characteristic of financing lease.The fifth part: Based on the theory of Path-Dependence, the texts compare and analyze the financing lease development history of different countries, and point out the importance of path selection of Chinese financing lease industry in the future development.The sixth part: Based on the three finance leasing companies with Chinese characteristics, the texts analyze the present condition of the development of financial leasing industry in our country, and put forward the problems.The seventh part: The empirical analysis on the influencing factors of China’s financing lease penetration.The eighth part: Based on the problems of financial leasing industry in China, the texts put forward countermeasures for its future development path.