China's financial leasing sector dedicated to shipping has grown rapidly since China Oriental Leasing, the first finance leasing company, was set up in April 1981. Six months ago, according to the ministry of commerce in Beijing, the country had some 400 leasing companies (see table), with bank-linked leasing the strongest contributor, sharing two-thirds of registered capital of all financial leasing enterprises. In total, leasing contracts provided Rmbl.28Trn ($205.6Bn) in mid-year. All of which seems to indicate that leasing companies are doing well, providing finance to help the shipping industry where it's needed.
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