The official website of Guangzhou Municipal Commission of Commerce recently said that three enterprises for piloting financial leasing by domestic capitals recommended by the commission during the 13^th application have got the approval of the Ministry of Commerce and the State Administration of Taxation. This means that Guangzhou will have another three enterprises with great strength in financial leasing. These enterprises include Dongfeng Nanfang Investment Holdings Ltd, Guangdong Henghe Leasing Co., Ltd and Zhonghejianyin Financial Leasing Co., Ltd. It was learnt that Guangzhou now has about 100 registered financial leasing enterprises, with contracts worth RMB100 billion signed last year.

 

Source: Guangzhou Daily, April 20, 2015