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In recent years, companies have gradually improved their knowledge of financial leasing, the functions of the leasing market was perfect, the Construction Industry of China engaged in leasing machinery has entered a new stage of rapid development.Especially in the context of the financial crisis, the Chinese government adopted a policy of extending a request from the internal market, providing opportunities for rapid development of the rental industry for construction machinery. On the other hand, compared to leasing in the mature markets of developed countries, the machinery industry of China for the construction of the lease is still in the early stage of development. Therefore, the rate of market penetration is very low, only about 8%.According to the static of China Research and Intelligence, in 2008, the market size of the leasing market of construction machinery in China is only about $ 3 billion. Statistics show that Caterpillar is the leading producer of construction machinery in the world whose sales amount is over 60% of worldwide sales and more than 80% of its sales in developed areas is covered in the lease finance.

The penetration rate of leasing Chinese domestic construction machinery is estimated to increase year after year. It is estimated that in 2010 will be 12% and in 2015, reaching 25%. The market scale is expected to reach $ 20 billion. Therefore, the space of Chinese construction machinery leasing is a great development. Read the rest of this entry »