Overview of financial leasing sector in Xiamen Area of Fujian FTZ

The Xiamen Area of China (Fujian) Pilot Free Trade Zone – located in East China's Fujian province – is home to one of the most important financial leasing clusters in China. It covers aircraft, ships, vehicles, large medical equipment, engineering machines, film making equipment and production equipment. In particular, its used aircraft financial leasing cluster is the largest in the country.

I. Investment advantages

· Innovative business models

Key business activities: Aviation exhibitions outside Xiamen, introduction of domestic aircraft, used aircraft sales and leasebacks;

Innovative business activities: Cross-border subleases, domestic leasing asset transactions.

· Highly competitive segments

Sixteen large leasing companies offer aircraft leasing services, with a total of $9 billion of leasing assets in Xiamen.

Xiamen-based ship financial leasing companies have provided financial leasing services for around 30 ships.

The total value of leasing assets in the integrated circuit leasing market in the city has reached about 6.7 billion yuan ($974.1 million).

II. Industry policies

· Notice of the General Office of Xiamen Municipal People's Government on Issuing the Measures for Promoting Development of the Financial Leasing Industry

· Interim Guidance on the Regulation of Financial Leasing Enterprises in Xiamen

III. Industry platform

Regional financial leasing cluster in Xiamen FTZ