News

June 11, 2021

Waigaoqiao promotes financial leasing industry

On June 4, government-enterprise exchange activities for the innovative development of the Waigaoqiao Bonded Area regional financial leasing industry was launched.
Chen Yanfeng, deputy director of the Management Committee of the China (Shanghai) Pilot Free Trade Zone and deputy director of the Free Trade Zone Administration, and more than 30 representatives of enterprises from the financial leasing industry in the Shanghai FTZ attended the event.
As a key industry in the bonded area, a total of 1,596 financial leasing enterprises had been established in the bonded area as of the first quarter this year. So far, they have operated a total of 550 aircraft, 34 aircraft engines and 510 ships, with a total operating asset size of 1.42 trillion yuan (US$223 billion), becoming one of the most promising industries in the bonded area.