**Leasing is a bridge for construction machinery sold abroad

Abstract: It is understood that at present, many famous construction machinery manufacturers at home and abroad, such as China Zoomlion, Sany Heavy Industry, Xugong Group, Yuchai Heavy Industry, Liugong Group, Shantui, and foreign companies in China Caterpillar, Volvo, Doosan Heavy Industries, and Komatsu Heavy Industries have all established their own finance leasing companies and generally achieved good results in the use of financial leasing for product sales.

It is understood that at present, many famous construction machinery manufacturers at home and abroad, such as China Zoomlion, Sany Heavy Industry, Xugong Group, Yuchai Heavy Industry, Liugong Group, Shantui, and foreign companies in China such as Caterpillar , Volvo, Doosan Heavy Industries, Komatsu Heavy Industries, etc., have all established their own financial leasing companies, and generally achieved good results in the use of financial leasing for product sales.

However, the development speed of China's financial leasing industry is not optimistic, and the industry has obviously slowed down. Since 2011, due to the country's monetary tightening policy, the relevant regulatory authorities have started to control the scale of financial leasing companies. The difficulty of domestic and foreign-funded leasing companies obtaining funds from banks has also increased. At the end of the year, the balance of national financial leasing contracts did not reach universal expectations. The trillions of yuan, 930 billion yuan, an increase of 32.9% over the previous year's 700 billion, and a significant contrast with the annual doubling growth during the "Eleventh Five-Year" period.

40% of China's construction machinery sold abroad is achieved through financial leasing. Many domestic construction machinery manufacturers such as Sany Heavy Industry Co., Ltd. and Xugong Group have achieved 40% of foreign sales through financial leasing, of which Zoomlion has exceeded 50%.