View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Uncategorized
August 26, 2009updated 12 Apr 2017 4:33pm

Chinese construction machinery leasing boom

Financial leasing penetration rates in the Chinese construction machinery market are set to grow to 12 percent next year, according to the latest research by China Research and Intelligence (CRI). The Chinese construction machinery financial leasing market is currently only worth around $3 billion (2.1 billion), with a penetration rate of 8 percent

By Jason T

Financial leasing penetration rates in the Chinese construction
machinery market are set to grow to 12 percent next year, according
to the latest research by China Research and Intelligence
(CRI).

The Chinese construction machinery financial leasing market is
currently only worth around $3 billion (€2.1 billion), with a
penetration rate of 8 percent. CRI has now estimated that
penetration rates would grow to 12 percent in 2010, before reaching
25 percent by 2015, when the market would reach $20 billion.

“The overall prospect of the Chinese construction machinery
financial leasing industry is good,” said the research group. “The
industry has ample room for development.”

Jason T Hesse

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Thursday. The leasing industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU