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
