Financial leasing industry booms in Nansha

On Dec 26, an Airbus A321 aircraft of China Southern Airlines arrived at Guangzhou Baiyun International Airport. It was the 100th passenger airliner put in service through financial leasing in Nansha, marking a new step for the city.

In September 2015, the Bohai aircraft leasing project landed in the Nansha Free Trade Zone, having no participation in Guangzhou's aircraft leasing economy. Three years later, Nansha ushered in the 100th leased aircraft. Today, the headquarters of large-scale professional aviation leasing companies such as China Southern International Leasing and SkyCo International Financial Leasing are settled in Nansha.

With the strong support of relevant departments such as customs, ports and taxation, Nansha actively explored bringing in the aircraft leasing business and carried out a number of aircraft leasing innovation businesses such as cross-border asset transfer, offshore leasing, and cross-border bonded leasing. It is gradually becoming a home for the aircraft leasing industry in South China.

The Nansha Free Trade Zone will continue to support the innovative development of aircraft leasing, improve the aviation asset trading market and the aircraft leasing industry chain, further optimize the business environment for aircraft leasing development, and use the advantages of the Nansha financial leasing industry to serve the development of the Guangzhou International Aviation Hub and the aviation industry in Guangdong, Hong Kong and Macao. 

The number of financial leasing enterprises in the Nansha Free Trade Zone has increased from more than 30 at the beginning of 2015 to more than 2,100 at present. Large central enterprises, state-owned enterprises, and listed companies and many world top 500 companies have set up financial leasing companies in Nansha. 

Since the beginning of this year, it has convinced state-owned enterprises and listed companies in Shenzhen, Changsha, Nanchang, Chengdu, Guiyang and Kunming to set up financial leasing companies in Nansha. The financial leasing business covers high-end equipment manufacturing, engineering machinery, aircraft and ships, medical equipment, new energy vehicles and other industries.

Nansha financial leasing enterprises have taken advantage of the innovative financial policies in the free trade zone and carried out financing methods such as cross-border financing, asset securitization financing, bond financing, and insurance fund asset support.