Since 2007 to the end of June 2014, the number of various types of financial leasing companies in China has increased from 93 to 1,350, and the contract balance has increased from 24 billion yuan to 2.6 trillion yuan, with the total scale of financial leasing leaping to become the second in the world. In certain segments, financial leasing has become a very important way of equipment investment. For example, before the 1990s, China's airlines mainly purchased airplanes by applying for loans directly from banks; thereafter, they increasingly tended to use leasing. According to some data, by the end of 2013, China had over 2,000 commercial airplanes on its books, of which 800-900 airplanes were leased. In certain developed regions, financial leasing has become an important source of funding for the real economy. Data from Shanghai shows that in the first half of 2014, the scale of social financing in Shanghai amounted to 448.2 billion yuan, and the new financial leasing loans amounted to 39.76 billion yuan, equivalent to 8.9% of the total social financing.
On the other hand, from the relative indicators, the development level of the financial leasing industry is still on the low side, showing great potential for development. To financial leasing GDP penetration rate (leased plant and equipment investment total to GDP ratio), in 2012 China and the United States were 1.24% and 1.86%; to financial leasing investment penetration rate (leased plant and equipment investment total to total fixed asset investment ratio), in 2012 China and the United States were 3.8% and 22%. High-speed expansion but the potential is still huge, financial leasing industry, the development characteristics of this development, is matching the development characteristics of China as an emerging economy. In view of the development of foreign countries, this mode of financial leasing has a relatively large advantage, and will soon become the second largest financing method after banks. (hereinafter referred to as Lionbridge China) was established in April 2012, is a foreign-invested financial leasing company approved by the Ministry of Commerce.