Dear leaders, guests, media friends:
good morning guys!
The "2020 China International Leasing and Technical Equipment Expo", sponsored by the China Construction Machinery Industry Association, will open in Beijing this October. The holding of such a leasing and technical equipment fair is based on the association's understanding of leasing companies in various fields including engineering and construction, the long-term attention to the development prospects of the equipment leasing industry at home and abroad, and the judgment of good development prospects, and To further expand the leasing penetration rate of various types of equipment required for economic development, effectively optimize the allocation of market resources for equipment, and promote the good aspiration of high-quality development of the equipment leasing industry, which is in line with the needs of the development of modern manufacturing services and related manufacturing industries. . It's time!
The first "China International Leasing and Technology Equipment Expo" has a very good location, which is in Beijing in the golden autumn of October, in the Beijing Economic and Technological Development Zone where modern manufacturing services are gathered. This is our starting point, which can radiate Beijing, Tianjin and Hebei. , And even the Yangtze River Delta and more regions, taking into account the needs of the development of the eastern, central and western regions, has a broad market space.
During the preparation period, we extensively solicited opinions and suggestions from leasers, manufacturers, users, agents, and other parties, and received positive responses and support. Including media friends who participated in the press conference today, we have great enthusiasm to follow our The first "China International Leasing and Technical Equipment Expo", this is Renhe!
Below, I report on the development situation and trends of the equipment leasing industry, as follows:
1. The development of China's equipment leasing industry is still in its growth stage
China's equipment leasing industry started in the early 1980s. With the introduction of China's technology and the "three to one supplement", the rise of export processing, financial leasing services were introduced to China, and began to provide funds to import advanced equipment and technology. With the gradual development of the leasing industry, China has issued a series of laws and regulations on the leasing industry. The 1999 Contract Law included operating leases and financial leasing into the standardized management track; in 2000, the People's Bank of China issued the "Financial Leasing Company Management" The new opportunities brought by China's accession to the World Trade Organization in 2001 for the development of the leasing industry, on the one hand, benefit from the equipment leasing demand brought by the rapid development of shipping and trade, and on the other hand, overseas leasing companies entering China have brought about The business development model of the new format and the demand groups of the leasing business have optimized the structure of the leasing industry in China.
Under the combined effects of various factors such as policies, markets, and mechanisms, the leasing industry as a whole has the combined effect of increasing the number of enterprises and increasing the size of the industry. According to incomplete statistics, at the end of June 2019, the comprehensive penetration rate of equipment in China was only three ten thousandths, and the balance of financing leases was only 6.7 trillion yuan.
The number of leasing companies has grown rapidly. The number of private small and medium-sized operating leasing companies and foreign leasing companies has exploded. The number of bank-based leasing companies has grown significantly. The number of financial leasing companies has increased from 93 at the end of 2007 to 6 in 2019. At the end of the month, there were 12,027 companies, and tens of thousands of equipment operating lease companies have reached tens of thousands.
It can be said that the Chinese leasing market has great potential. The domestic leasing industry involves areas such as: real estate leasing, equipment and instrument leasing, car leasing, batteries, aviation, talent, books and audiovisual, clothing, toys, outdoor sports supplies, etc. The industry penetration is quite extensive, involving almost every aspect of the national economy.
Among them, equipment leasing, large agricultural machinery, automobiles, process technology and equipment, engineering and construction equipment, generator sets, industrial facilities, office equipment, etc. have also formed a large-scale and extensive leasing industry. For example, the construction machinery leasing market is huge, with a global market size of more than 40 billion U.S. dollars, equivalent to about 25% of the total output value of construction machinery. In developed countries, construction machinery sold through leasing accounts for 65% of the market and has become the main sales channel. The overall penetration rate of the construction machinery leasing market in China is less than 10%, which is far from the international average. At the same time, the market demand for equipment is very huge. It is foreseeable that with the further optimization of the equipment inventory structure, its potential and space will continue to be released, and leasing business opportunities will become wider, becoming an important area for Chinese and foreign companies to compete. At present, the number of equipment leasing companies has exceeded 1,500, but the scale is generally small, mainly small and medium-sized leasing enterprises, with capital of more than 50 million yuan in construction machinery professional leasing enterprises, but no more than a hundred.
2. Under the new situation, there is huge room for growth in the leasing industry
Leasing companies have inexhaustible momentum for sustainable development in the future:
1. China has an increasingly large equipment leasing market. China is already the world's largest market for various types of machinery and equipment. Demand for equipment leasing will become greater and greater, and it will become fertile ground for the development of the leasing industry.
2. The development direction of industrial structure adjustment and asset allocation optimization provides an expanding space for the development of the leasing industry. With the requirements for lighter assets and higher capital efficiency from all walks of life, leasing has become an important supplement to its equipment needs and will continue to promote the increase of leasing penetration.
3. China's financial reform has broadened the financing channels of the leasing industry. Accelerated financial reform and the increase in direct financing ratio have played an important role in optimizing the source of funds for leasing companies and reducing financing costs.
4. The regulatory policies are constantly being improved to provide guarantee for the leasing industry to become bigger and stronger. The multi-department management of the leasing industry and the situation of multiple administrations are improving. The related management measures are more standardized and systematic, which will continue to improve the operating quality of the leasing enterprise's operating environment.
5. The state encourages and supports the real economy, promotes the development of modern manufacturing and service industry development policies to form a combination advantage, and promotes the high-quality development of the leasing industry.
In particular, this year's new crown pneumonia epidemic has had a huge impact on the global economy. Really affected entities have taken various measures to reduce the adverse effects of this situation. One of the important measures is to accelerate asset lightweighting and reduce the risk of fixed asset investment. , Optimize equipment resource allocation, improve capital use efficiency, and reduce operating costs. More demand for equipment has been converted into leasing, which has made various user units have new choices in terms of financial methods and trade methods in technological transformation.
With the transformation of China's economy and the realization of high-quality development, the equipment leasing industry, including construction machinery leasing, is facing major opportunities and challenges. The equipment leasing industry should accelerate structural adjustment, transformation and upgrading. Through continuous optimization of the industry structure, improvement of the overall business philosophy and operating methods, improvement of management levels, improvement of equipment leasing penetration, accelerated implementation of Internet + leasing business upgrades, and continuous introduction of new market-friendly Advanced equipment required to achieve high-quality development of the equipment rental industry.
In recent years, the equipment manufacturing industry represented by construction machinery has developed rapidly, new technologies and new products are constantly emerging, and the users have continuously increased the demand for new equipment due to the introduction of new processes and new construction methods in their respective fields. Therefore, equipment leasing enterprises should make in-depth contact, timely understanding and speed up the introduction of new technologies and equipment in the field of equipment manufacturing through exhibitions, technical exchanges and other methods, and plan to continuously update equipment to meet the new equipment leasing market demand.
Equipment manufacturing enterprises should also cooperate with equipment leasing enterprises in depth to study the demand trends of leasing enterprises and the leasing market, and accelerate the development and promotion of new technologies and equipment. Further improve product life-cycle management, and provide strong support for equipment leasing companies to improve equipment service, management and profitability, and increase lease penetration.
friends! Based on the continuous development of the construction machinery industry, the China Construction Machinery Industry Association is committed to leading the industry to meet the changing market demand structure, in-depth study of the equipment rental market demand and the requirements of the development and change of the equipment rental industry. The innovative launch covers a variety of technical equipment. Leasing industry professional exhibition and technology exchange activities-China International Leasing and Technology Equipment Expo. I hope to take this as a platform for leasing companies, leasing equipment manufacturers, leasing related service providers and other related fields to participate, exchange and interact, share results, and work together to become an annual event in leasing and related fields.
Here I also hope to get the support and participation of friends to share the development and progress of the equipment leasing industry.
Thank you all!
