Summary:

Municipal governments of various cities, people's governments of counties (cities, districts), various departments of the provincial government, all directly affiliated institutions, major enterprises, and institutions of higher learning:

In recent years, the province's financial leasing industry has developed rapidly. However, compared with developed provinces and cities, the overall scale is still small, the market penetration rate is low, the financing model is lagging behind, and the number of professionals is lacking. In order to speed up the development of the financial leasing industry in our province, give play to its role in promoting scientific and technological innovation, broadening the financing channels for small and medium-sized enterprises, promoting the development of emerging industries, and promoting industrial upgrading and structural adjustment, according to the “Guidelines for Accelerating the Development of Financial Leasing Industry by the General Office of the State Council” "The spirit of the State Council [2015] No. 68), with the consent of the provincial government, the following implementation opinions are proposed:

First, mobilize the enthusiasm of various market players

Encourage and guide all kinds of social capital to enter the province's financial leasing industry, and support large enterprises with advantageous industrial backgrounds to invest in setting up professional financial leasing companies. Guide equity investment funds, insurance funds to invest in financial leasing assets. Support existing financial leasing companies to become bigger and stronger through capital increase and share expansion, mergers and acquisitions, etc. Support financial leasing companies to set up special project companies and branches in the province. (The Provincial Department of Commerce takes the lead, the Provincial Department of Finance, the Provincial Administration for Industry and Commerce, and the Provincial Tax Bureau)

Second, vigorously promote the use of foreign capital

The financial leasing industry will be the focus of foreign investment in the modern service industry in the coming period, and special investment promotion activities will be organized at home and abroad. The United States, Germany, Japan, Hong Kong, and Singapore will be the key areas for attracting foreign investment in the financial leasing industry. With the platforms and mechanisms of Hong Kong Shandong Week and Singapore-Shandong Economic and Trade Council, targeted investment in key regions will be implemented. Attracting multinational companies to invest in setting up financial leasing companies to carry out leasing business for large equipment, medical equipment and transportation. Support qualified financial leasing companies to graft foreign capital and obtain low-cost funds from abroad. Strengthen cooperation with overseas financial institutions, make full use of creditor's rights, equity from overseas financing, and innovative use of foreign capital. (The Provincial Department of Commerce takes the lead, the People's Bank of China Jinan Branch cooperates)

Third, promote deep integration with key industries

Support the combination of financial leasing industry and equipment manufacturing industry, and expand financial leasing services such as large-scale manufacturing equipment, construction equipment, transportation tools and production equipment. Support financial leasing companies and high-tech industries to focus on the development of new materials, new energy, energy conservation and environmental protection, biological and new generation information technology and other strategic emerging industries financial leasing services. Support financial leasing companies to carry out aircraft and ship leasing business, and actively develop domestic civil aviation equipment, marine engineering equipment and high-tech ships, major scientific research equipment, inspection and testing equipment, new cultural and creative industries and media equipment leasing business. (The Provincial Economic and Information Technology Commission takes the lead, the Provincial Science and Technology Department and the Provincial Department of Transportation cooperate)

Support the combination of financial leasing industry and modern agriculture, and expand the rental market of agricultural machinery equipment such as large and medium-sized tractors and multi-purpose combine harvesters. (Provincial Agricultural Machinery Bureau takes the lead, the Provincial Department of Commerce cooperates)

Financial leasing companies are encouraged to participate in urban public utilities such as urban sewage treatment, environmental management, buses, taxis, public bicycles, gas, thermal equipment, underground pipe corridors, sponge cities, and urban lighting. (Provincial Housing and Urban-Rural Development Office takes the lead, the Provincial Economic and Information Technology Commission cooperates)

Encourage the establishment of financial leasing companies that serve small and medium-sized enterprises, and promote cooperation with science parks, technology business incubators, and SME public service platforms to broaden the financing channels for small and medium-sized enterprises and individual entrepreneurs. (Leadership of the Provincial Economic and Information Technology Commission)

Fourth, expand the financial leasing international market

Encourage financial leasing companies to actively participate in the national “Belt and Road” strategy and develop financial leasing markets along the countries and regions along the route. Encourage our province's construction machinery, electric power, offshore engineering equipment and other large-scale complete equipment manufacturing enterprises to cooperate with financial leasing companies to develop international markets through financial leasing. Guided the provincial financial leasing company to strengthen cooperation with overseas construction enterprises and overseas engineering contracting enterprises, participate in the construction of multinational infrastructure projects and foreign aid projects, and expand the construction equipment leasing market. (The Provincial Department of Commerce takes the lead, the Provincial Economic and Information Technology Commission cooperates)

V. Encourage the innovation and development of financial leasing companies

Support financial leasing companies to introduce advanced foreign concepts and management experience, innovate business models, take the road of specialization, specialization and differentiation, and form comparative advantages in specific fields. Support financial leasing companies to strengthen cooperation through transfer leasing, joint leasing, etc., to improve the management and operation capacity of the financial leasing industry chain. Promote financial leasing companies to cooperate with banks, insurance, trusts, funds and other financial institutions to innovate business models. Accelerate the development of integration with the Internet, relying on existing platforms such as Shandong Financial Assets Trading Center, integrate multi-party resources, and provide trading services for financing lease debts and assets. Explore the combination of financial leasing and government and social capital cooperation (PPP) financing models to broaden the business area. Guide financial leasing companies to continuously optimize product mix, transaction structure, rent arrangement, risk prevention and control design, and improve service level and enterprise competitiveness. (Promotion by the Provincial Department of Commerce, Provincial Finance Department, People's Bank of China Jinan Branch, Shandong Insurance Regulatory Bureau)

6. Strengthen policy business training and talent introduction

Establish a financial leasing industry development steering committee and expert database to provide intellectual support for industry planning, business innovation, and talent development. Encourage qualified institutions of higher learning to set up finance and leasing-related majors, conduct short-term senior management personnel training, and cultivate various types of talents in the financial leasing industry such as law, taxation, marketing, risk control, finance, and management. (Leader of the Provincial Department of Education)

Increase the introduction of high-level talents in financial leasing. For high-level talents introduced by financial leasing companies, if they meet the requirements, they can enjoy the provincial talent introduction policy. (Provincial Human Resources and Social Security Agency takes the lead)

Give full play to the role of industry associations, encourage associations and foreign similar intermediary organizations to explore the establishment of industry collaboration alliances to provide professional and international services. The Association supports professional forums, talent training, level testing, experience promotion, business exchanges and other activities to enhance the industry's development level. Strengthen the concept of financial leasing and the promotion of knowledge, and improve the social influence and recognition of the financial leasing industry. (Leader of the Provincial Department of Commerce)

Seventh, increase fiscal tax policy support

Give full play to the role of provincial-level equity investment guidance funds, and guide social capital to support the accelerated development of the financial leasing industry. Increase government procurement services and encourage governments at all levels to purchase financial leasing services in providing public services and promoting infrastructure construction and operations. The actual users who obtain agricultural machinery through financial leasing can enjoy the subsidy for agricultural machinery purchase. Encourage local innovation policy support methods, explore policy tools such as compensation, incentives, and interest subsidies, and guide financial leasing companies to increase financing support for small and micro enterprises. (The Provincial Department of Finance takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Implement taxation related taxation policies to promote the healthy development of the industry. The financial leasing contract signed for the financial leasing business (including financing and sale and leaseback) shall be denominated according to the total amount of rent as stated in the “Loan Contract”. Asset losses incurred by a finance leasing company may be deducted before tax in accordance with relevant regulations. (Provincial State Taxation Bureau, Provincial Taxation Bureau takes the lead, the Provincial Finance Department cooperates)

8. Broaden the financing channels of enterprises

Support financial leasing companies to raise funds through domestic and foreign capital markets. (Shandong Securities Regulatory Bureau takes the lead, the People's Bank of China Jinan Branch, the Provincial Finance Office, the Provincial Department of Commerce cooperate)

Encourage all types of financial institutions to increase their support and inclination to financial leasing companies, and provide financing products for the characteristics of leasing projects. Guide financial leasing companies to increase the source of medium and long-term funds, and support financial leasing companies to use the methods of listing, issuing bonds, trusts, funds, internal insurance loans and asset securitization. Encourage eligible financial leasing companies to concurrently engage in commercial factoring business related to their main business. Support the financing lease company's accounts receivable financing, optimize the asset structure of the financial leasing company, and expand the leasing scale. (People's Bank Jinan Branch, Provincial Financial Office, Provincial Development and Reform Commission, Shandong Securities Regulatory Bureau, Shandong Insurance Regulatory Bureau, Shandong Banking Regulatory Bureau)

Encourage financial leasing companies to be listed through the national SME share transfer system and regional equity market. (Shandong Securities Regulatory Bureau takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Encourage insurance institutions to cooperate with banking institutions to carry out policy financing business under credit insurance and broaden financing channels for financial leasing companies. (Shandong Insurance Regulatory Bureau takes the lead, Provincial Financial Office, People's Bank of China Jinan Branch, Shandong Banking Supervision Bureau, Provincial Department of Commerce)

9. Optimize government services

All levels and departments should further transform their functions, improve efficiency, and provide quality and convenient services for the development of financial leasing companies. The implementation of the investment financing leasing company to establish a time-limited settlement system, foreign-invested financial leasing companies, in line with the conditions for establishment, the provincial-level industry authorities to complete the examination and approval within 5 working days; for the establishment of domestic-funded pilot financial leasing companies, after the trial meets the conditions The provincial department in charge of the industry shall report to the Ministry of Commerce within 5 working days. (Promotion by the Provincial Department of Commerce, the Provincial Administration for Industry and Commerce)

Strengthen the registration and management of the ownership of financial leases, and handle the registration change procedures for financial leases in a timely manner. (Provincial Industry and Commerce Bureau takes the lead, the Provincial Department of Commerce cooperates)

The Ministry of Commerce “National Financial Leasing Company Management Information System” and the “People's Bank of China Credit Information Financing Registration System” will be used to strengthen the registration management of financial leasing, pledge of accounts receivable and transfer. When conducting a business, a financial leasing company must log in to the relevant information system to register relevant information in a timely manner, and timely check the ownership status of the relevant subject matter when conducting business such as asset mortgage, pledge and transfer. (Provincial Department of Commerce, People's Bank of China Jinan Branch takes the lead)

Where the import lease involves the management of quotas, permits, automatic import licenses, etc., the leaser has no relevant quotas, licenses, and automatic import licenses, and no additional qualification requirements for the finance lease company are proposed. (Qingdao Customs, Jinan Customs take the lead, the Provincial Department of Commerce cooperates)

For the financial leasing companies that apply for the medical equipment equipment leasing business, the requirements for the area of ​​the business premises and the establishment of warehouses shall be abolished, and the qualifications, professionalism and work experience of the employees shall be relaxed. (Leadership by the Provincial Food and Drug Administration)

Except as otherwise provided by laws and regulations, the lessee obtains the same treatment when the equipment is purchased by the financial leasing method and the equipment purchased by itself. Standardize motor vehicle transactions and registration management, simplify the transaction registration process, and facilitate the parties to finance leasing to handle business. (Provincial Department of the Department takes the lead, the relevant departments of the province cooperate)

X. Strengthen post-event supervision and risk prevention

Establish an inter-departmental work communication and coordination mechanism to strengthen information sharing and regulatory collaboration. Strengthen the supervision and inspection of the information reporting of financial leasing companies to ensure that the information is accurate and complete. Improve the statistical system of the financial leasing industry, and establish an abnormal directory and blacklist system for information submitted by enterprises. Strengthen risk monitoring, analysis and early warning, strengthen the supervision of key links and financial leasing companies to absorb deposits, issue loans and other violations of laws and regulations, and promptly request rectification or punishment for illegal and illegal financial leasing companies. Guide financial leasing companies to strengthen the internal management system, establish a sound internal risk control system, form a good risk asset classification management system, lessee credit evaluation system, after-the-fact recovery and disposal system and risk early warning mechanism, enhance asset management capabilities, and strictly control Business risk. In accordance with relevant regulations, the financial leasing company will be guided to access the People's Bank of China corporate credit information system, and guide enterprises to submit relevant information to customers to prevent transaction risks. (Leader of the Provincial Department of Commerce)

All localities and relevant departments must fully understand the importance of accelerating the development of the financial leasing industry, strengthen organizational leadership, establish and improve working mechanisms, strengthen departmental coordination and linkage, and jointly promote the healthy and orderly development of the financial leasing industry. It is necessary to actively build a platform for integration of industry and finance, and guide financial leasing companies to continuously expand their business scope and enhance their ability to serve the real economy. It is necessary to refine policy measures and ensure that all work is implemented. The Provincial Department of Commerce shall earnestly fulfill the responsibilities of the competent departments of the financial leasing industry, strengthen the management of the industry, and conduct follow-up analysis and supervision and guidance on the implementation of this opinion with relevant departments, and report major issues to the provincial government in a timely manner.

General Office of Shandong Provincial People's Government

February 19, 2016

Summary:

Municipal governments of various cities, people's governments of counties (cities, districts), various departments of the provincial government, all directly affiliated institutions, major enterprises, and institutions of higher learning:

In recent years, the province's financial leasing industry has developed rapidly. However, compared with developed provinces and cities, the overall scale is still small, the market penetration rate is low, the financing model is lagging behind, and the number of professionals is lacking. In order to speed up the development of the financial leasing industry in our province, give play to its role in promoting scientific and technological innovation, broadening the financing channels for small and medium-sized enterprises, promoting the development of emerging industries, and promoting industrial upgrading and structural adjustment, according to the “Guidelines for Accelerating the Development of Financial Leasing Industry by the General Office of the State Council” "The spirit of the State Council [2015] No. 68), with the consent of the provincial government, the following implementation opinions are proposed:

First, mobilize the enthusiasm of various market players

Encourage and guide all kinds of social capital to enter the province's financial leasing industry, and support large enterprises with advantageous industrial backgrounds to invest in setting up professional financial leasing companies. Guide equity investment funds, insurance funds to invest in financial leasing assets. Support existing financial leasing companies to become bigger and stronger through capital increase and share expansion, mergers and acquisitions, etc. Support financial leasing companies to set up special project companies and branches in the province. (The Provincial Department of Commerce takes the lead, the Provincial Department of Finance, the Provincial Administration for Industry and Commerce, and the Provincial Tax Bureau)

Second, vigorously promote the use of foreign capital

The financial leasing industry will be the focus of foreign investment in the modern service industry in the coming period, and special investment promotion activities will be organized at home and abroad. The United States, Germany, Japan, Hong Kong, and Singapore will be the key areas for attracting foreign investment in the financial leasing industry. With the platforms and mechanisms of Hong Kong Shandong Week and Singapore-Shandong Economic and Trade Council, targeted investment in key regions will be implemented. Attracting multinational companies to invest in setting up financial leasing companies to carry out leasing business for large equipment, medical equipment and transportation. Support qualified financial leasing companies to graft foreign capital and obtain low-cost funds from abroad. Strengthen cooperation with overseas financial institutions, make full use of creditor's rights, equity from overseas financing, and innovative use of foreign capital. (The Provincial Department of Commerce takes the lead, the People's Bank of China Jinan Branch cooperates)

Third, promote deep integration with key industries

Support the combination of financial leasing industry and equipment manufacturing industry, and expand financial leasing services such as large-scale manufacturing equipment, construction equipment, transportation tools and production equipment. Support financial leasing companies and high-tech industries to focus on the development of new materials, new energy, energy conservation and environmental protection, biological and new generation information technology and other strategic emerging industries financial leasing services. Support financial leasing companies to carry out aircraft and ship leasing business, and actively develop domestic civil aviation equipment, marine engineering equipment and high-tech ships, major scientific research equipment, inspection and testing equipment, new cultural and creative industries and media equipment leasing business. (The Provincial Economic and Information Technology Commission takes the lead, the Provincial Science and Technology Department and the Provincial Department of Transportation cooperate)

Support the combination of financial leasing industry and modern agriculture, and expand the rental market of agricultural machinery equipment such as large and medium-sized tractors and multi-purpose combine harvesters. (Provincial Agricultural Machinery Bureau takes the lead, the Provincial Department of Commerce cooperates)

Financial leasing companies are encouraged to participate in urban public utilities such as urban sewage treatment, environmental management, buses, taxis, public bicycles, gas, thermal equipment, underground pipe corridors, sponge cities, and urban lighting. (Provincial Housing and Urban-Rural Development Office takes the lead, the Provincial Economic and Information Technology Commission cooperates)

Encourage the establishment of financial leasing companies that serve small and medium-sized enterprises, and promote cooperation with science parks, technology business incubators, and SME public service platforms to broaden the financing channels for small and medium-sized enterprises and individual entrepreneurs. (Leadership of the Provincial Economic and Information Technology Commission)

Fourth, expand the financial leasing international market

Encourage financial leasing companies to actively participate in the national “Belt and Road” strategy and develop financial leasing markets along the countries and regions along the route. Encourage our province's construction machinery, electric power, offshore engineering equipment and other large-scale complete equipment manufacturing enterprises to cooperate with financial leasing companies to develop international markets through financial leasing. Guided the provincial financial leasing company to strengthen cooperation with overseas construction enterprises and overseas engineering contracting enterprises, participate in the construction of multinational infrastructure projects and foreign aid projects, and expand the construction equipment leasing market. (The Provincial Department of Commerce takes the lead, the Provincial Economic and Information Technology Commission cooperates)

V. Encourage the innovation and development of financial leasing companies

Support financial leasing companies to introduce advanced foreign concepts and management experience, innovate business models, take the road of specialization, specialization and differentiation, and form comparative advantages in specific fields. Support financial leasing companies to strengthen cooperation through transfer leasing, joint leasing, etc., to improve the management and operation capacity of the financial leasing industry chain. Promote financial leasing companies to cooperate with banks, insurance, trusts, funds and other financial institutions to innovate business models. Accelerate the development of integration with the Internet, relying on existing platforms such as Shandong Financial Assets Trading Center, integrate multi-party resources, and provide trading services for financing lease debts and assets. Explore the combination of financial leasing and government and social capital cooperation (PPP) financing models to broaden the business area. Guide financial leasing companies to continuously optimize product mix, transaction structure, rent arrangement, risk prevention and control design, and improve service level and enterprise competitiveness. (Promotion by the Provincial Department of Commerce, Provincial Finance Department, People's Bank of China Jinan Branch, Shandong Insurance Regulatory Bureau)

6. Strengthen policy business training and talent introduction

Establish a financial leasing industry development steering committee and expert database to provide intellectual support for industry planning, business innovation, and talent development. Encourage qualified institutions of higher learning to set up finance and leasing-related majors, conduct short-term senior management personnel training, and cultivate various types of talents in the financial leasing industry such as law, taxation, marketing, risk control, finance, and management. (Leader of the Provincial Department of Education)

Increase the introduction of high-level talents in financial leasing. For high-level talents introduced by financial leasing companies, if they meet the requirements, they can enjoy the provincial talent introduction policy. (Provincial Human Resources and Social Security Agency takes the lead)

Give full play to the role of industry associations, encourage associations and foreign similar intermediary organizations to explore the establishment of industry collaboration alliances to provide professional and international services. The Association supports professional forums, talent training, level testing, experience promotion, business exchanges and other activities to enhance the industry's development level. Strengthen the concept of financial leasing and the promotion of knowledge, and improve the social influence and recognition of the financial leasing industry. (Leader of the Provincial Department of Commerce)

Seventh, increase fiscal tax policy support

Give full play to the role of provincial-level equity investment guidance funds, and guide social capital to support the accelerated development of the financial leasing industry. Increase government procurement services and encourage governments at all levels to purchase financial leasing services in providing public services and promoting infrastructure construction and operations. The actual users who obtain agricultural machinery through financial leasing can enjoy the subsidy for agricultural machinery purchase. Encourage local innovation policy support methods, explore policy tools such as compensation, incentives, and interest subsidies, and guide financial leasing companies to increase financing support for small and micro enterprises. (The Provincial Department of Finance takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Implement taxation related taxation policies to promote the healthy development of the industry. The financial leasing contract signed for the financial leasing business (including financing and sale and leaseback) shall be denominated according to the total amount of rent as stated in the “Loan Contract”. Asset losses incurred by a finance leasing company may be deducted before tax in accordance with relevant regulations. (Provincial State Taxation Bureau, Provincial Taxation Bureau takes the lead, the Provincial Finance Department cooperates)

8. Broaden the financing channels of enterprises

Support financial leasing companies to raise funds through domestic and foreign capital markets. (Shandong Securities Regulatory Bureau takes the lead, the People's Bank of China Jinan Branch, the Provincial Finance Office, the Provincial Department of Commerce cooperate)

Encourage all types of financial institutions to increase their support and inclination to financial leasing companies, and provide financing products for the characteristics of leasing projects. Guide financial leasing companies to increase the source of medium and long-term funds, and support financial leasing companies to use the methods of listing, issuing bonds, trusts, funds, internal insurance loans and asset securitization. Encourage eligible financial leasing companies to concurrently engage in commercial factoring business related to their main business. Support the financing lease company's accounts receivable financing, optimize the asset structure of the financial leasing company, and expand the leasing scale. (People's Bank Jinan Branch, Provincial Financial Office, Provincial Development and Reform Commission, Shandong Securities Regulatory Bureau, Shandong Insurance Regulatory Bureau, Shandong Banking Regulatory Bureau)

Encourage financial leasing companies to be listed through the national SME share transfer system and regional equity market. (Shandong Securities Regulatory Bureau takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Encourage insurance institutions to cooperate with banking institutions to carry out policy financing business under credit insurance and broaden financing channels for financial leasing companies. (Shandong Insurance Regulatory Bureau takes the lead, Provincial Financial Office, People's Bank of China Jinan Branch, Shandong Banking Supervision Bureau, Provincial Department of Commerce)

9. Optimize government services

All levels and departments should further transform their functions, improve efficiency, and provide quality and convenient services for the development of financial leasing companies. The implementation of the investment financing leasing company to establish a time-limited settlement system, foreign-invested financial leasing companies, in line with the conditions for establishment, the provincial-level industry authorities to complete the examination and approval within 5 working days; for the establishment of domestic-funded pilot financial leasing companies, after the trial meets the conditions The provincial department in charge of the industry shall report to the Ministry of Commerce within 5 working days. (Promotion by the Provincial Department of Commerce, the Provincial Administration for Industry and Commerce)

Strengthen the registration and management of the ownership of financial leases, and handle the registration change procedures for financial leases in a timely manner. (Provincial Industry and Commerce Bureau takes the lead, the Provincial Department of Commerce cooperates)

The Ministry of Commerce “National Financial Leasing Company Management Information System” and the “People's Bank of China Credit Information Financing Registration System” will be used to strengthen the registration management of financial leasing, pledge of accounts receivable and transfer. When conducting a business, a financial leasing company must log in to the relevant information system to register relevant information in a timely manner, and timely check the ownership status of the relevant subject matter when conducting business such as asset mortgage, pledge and transfer. (Provincial Department of Commerce, People's Bank of China Jinan Branch takes the lead)

Where the import lease involves the management of quotas, permits, automatic import licenses, etc., the leaser has no relevant quotas, licenses, and automatic import licenses, and no additional qualification requirements for the finance lease company are proposed. (Qingdao Customs, Jinan Customs take the lead, the Provincial Department of Commerce cooperates)

For the financial leasing companies that apply for the medical equipment equipment leasing business, the requirements for the area of ​​the business premises and the establishment of warehouses shall be abolished, and the qualifications, professionalism and work experience of the employees shall be relaxed. (Leadership by the Provincial Food and Drug Administration)

Except as otherwise provided by laws and regulations, the lessee obtains the same treatment when the equipment is purchased by the financial leasing method and the equipment purchased by itself. Standardize motor vehicle transactions and registration management, simplify the transaction registration process, and facilitate the parties to finance leasing to handle business. (Provincial Department of the Department takes the lead, the relevant departments of the province cooperate)

X. Strengthen post-event supervision and risk prevention

Establish an inter-departmental work communication and coordination mechanism to strengthen information sharing and regulatory collaboration. Strengthen the supervision and inspection of the information reporting of financial leasing companies to ensure that the information is accurate and complete. Improve the statistical system of the financial leasing industry, and establish an abnormal directory and blacklist system for information submitted by enterprises. Strengthen risk monitoring, analysis and early warning, strengthen the supervision of key links and financial leasing companies to absorb deposits, issue loans and other violations of laws and regulations, and promptly request rectification or punishment for illegal and illegal financial leasing companies. Guide financial leasing companies to strengthen the internal management system, establish a sound internal risk control system, form a good risk asset classification management system, lessee credit evaluation system, after-the-fact recovery and disposal system and risk early warning mechanism, enhance asset management capabilities, and strictly control Business risk. In accordance with relevant regulations, the financial leasing company will be guided to access the People's Bank of China corporate credit information system, and guide enterprises to submit relevant information to customers to prevent transaction risks. (Leader of the Provincial Department of Commerce)

All localities and relevant departments must fully understand the importance of accelerating the development of the financial leasing industry, strengthen organizational leadership, establish and improve working mechanisms, strengthen departmental coordination and linkage, and jointly promote the healthy and orderly development of the financial leasing industry. It is necessary to actively build a platform for integration of industry and finance, and guide financial leasing companies to continuously expand their business scope and enhance their ability to serve the real economy. It is necessary to refine policy measures and ensure that all work is implemented. The Provincial Department of Commerce shall earnestly fulfill the responsibilities of the competent departments of the financial leasing industry, strengthen the management of the industry, and conduct follow-up analysis and supervision and guidance on the implementation of this opinion with relevant departments, and report major issues to the provincial government in a timely manner.

General Office of Shandong Provincial People's Government

February 19, 2016

Summary:

Municipal governments of various cities, people's governments of counties (cities, districts), various departments of the provincial government, all directly affiliated institutions, major enterprises, and institutions of higher learning:

In recent years, the province's financial leasing industry has developed rapidly. However, compared with developed provinces and cities, the overall scale is still small, the market penetration rate is low, the financing model is lagging behind, and the number of professionals is lacking. In order to speed up the development of the financial leasing industry in our province, give play to its role in promoting scientific and technological innovation, broadening the financing channels for small and medium-sized enterprises, promoting the development of emerging industries, and promoting industrial upgrading and structural adjustment, according to the “Guidelines for Accelerating the Development of Financial Leasing Industry by the General Office of the State Council” "The spirit of the State Council [2015] No. 68), with the consent of the provincial government, the following implementation opinions are proposed:

First, mobilize the enthusiasm of various market players

Encourage and guide all kinds of social capital to enter the province's financial leasing industry, and support large enterprises with advantageous industrial backgrounds to invest in setting up professional financial leasing companies. Guide equity investment funds, insurance funds to invest in financial leasing assets. Support existing financial leasing companies to become bigger and stronger through capital increase and share expansion, mergers and acquisitions, etc. Support financial leasing companies to set up special project companies and branches in the province. (The Provincial Department of Commerce takes the lead, the Provincial Department of Finance, the Provincial Administration for Industry and Commerce, and the Provincial Tax Bureau)

Second, vigorously promote the use of foreign capital

The financial leasing industry will be the focus of foreign investment in the modern service industry in the coming period, and special investment promotion activities will be organized at home and abroad. The United States, Germany, Japan, Hong Kong, and Singapore will be the key areas for attracting foreign investment in the financial leasing industry. With the platforms and mechanisms of Hong Kong Shandong Week and Singapore-Shandong Economic and Trade Council, targeted investment in key regions will be implemented. Attracting multinational companies to invest in setting up financial leasing companies to carry out leasing business for large equipment, medical equipment and transportation. Support qualified financial leasing companies to graft foreign capital and obtain low-cost funds from abroad. Strengthen cooperation with overseas financial institutions, make full use of creditor's rights, equity from overseas financing, and innovative use of foreign capital. (The Provincial Department of Commerce takes the lead, the People's Bank of China Jinan Branch cooperates)

Third, promote deep integration with key industries

Support the combination of financial leasing industry and equipment manufacturing industry, and expand financial leasing services such as large-scale manufacturing equipment, construction equipment, transportation tools and production equipment. Support financial leasing companies and high-tech industries to focus on the development of new materials, new energy, energy conservation and environmental protection, biological and new generation information technology and other strategic emerging industries financial leasing services. Support financial leasing companies to carry out aircraft and ship leasing business, and actively develop domestic civil aviation equipment, marine engineering equipment and high-tech ships, major scientific research equipment, inspection and testing equipment, new cultural and creative industries and media equipment leasing business. (The Provincial Economic and Information Technology Commission takes the lead, the Provincial Science and Technology Department and the Provincial Department of Transportation cooperate)

Support the combination of financial leasing industry and modern agriculture, and expand the rental market of agricultural machinery equipment such as large and medium-sized tractors and multi-purpose combine harvesters. (Provincial Agricultural Machinery Bureau takes the lead, the Provincial Department of Commerce cooperates)

Financial leasing companies are encouraged to participate in urban public utilities such as urban sewage treatment, environmental management, buses, taxis, public bicycles, gas, thermal equipment, underground pipe corridors, sponge cities, and urban lighting. (Provincial Housing and Urban-Rural Development Office takes the lead, the Provincial Economic and Information Technology Commission cooperates)

Encourage the establishment of financial leasing companies that serve small and medium-sized enterprises, and promote cooperation with science parks, technology business incubators, and SME public service platforms to broaden the financing channels for small and medium-sized enterprises and individual entrepreneurs. (Leadership of the Provincial Economic and Information Technology Commission)

Fourth, expand the financial leasing international market

Encourage financial leasing companies to actively participate in the national “Belt and Road” strategy and develop financial leasing markets along the countries and regions along the route. Encourage our province's construction machinery, electric power, offshore engineering equipment and other large-scale complete equipment manufacturing enterprises to cooperate with financial leasing companies to develop international markets through financial leasing. Guided the provincial financial leasing company to strengthen cooperation with overseas construction enterprises and overseas engineering contracting enterprises, participate in the construction of multinational infrastructure projects and foreign aid projects, and expand the construction equipment leasing market. (The Provincial Department of Commerce takes the lead, the Provincial Economic and Information Technology Commission cooperates)

V. Encourage the innovation and development of financial leasing companies

Support financial leasing companies to introduce advanced foreign concepts and management experience, innovate business models, take the road of specialization, specialization and differentiation, and form comparative advantages in specific fields. Support financial leasing companies to strengthen cooperation through transfer leasing, joint leasing, etc., to improve the management and operation capacity of the financial leasing industry chain. Promote financial leasing companies to cooperate with banks, insurance, trusts, funds and other financial institutions to innovate business models. Accelerate the development of integration with the Internet, relying on existing platforms such as Shandong Financial Assets Trading Center, integrate multi-party resources, and provide trading services for financing lease debts and assets. Explore the combination of financial leasing and government and social capital cooperation (PPP) financing models to broaden the business area. Guide financial leasing companies to continuously optimize product mix, transaction structure, rent arrangement, risk prevention and control design, and improve service level and enterprise competitiveness. (Promotion by the Provincial Department of Commerce, Provincial Finance Department, People's Bank of China Jinan Branch, Shandong Insurance Regulatory Bureau)

6. Strengthen policy business training and talent introduction

Establish a financial leasing industry development steering committee and expert database to provide intellectual support for industry planning, business innovation, and talent development. Encourage qualified institutions of higher learning to set up finance and leasing-related majors, conduct short-term senior management personnel training, and cultivate various types of talents in the financial leasing industry such as law, taxation, marketing, risk control, finance, and management. (Leader of the Provincial Department of Education)

Increase the introduction of high-level talents in financial leasing. For high-level talents introduced by financial leasing companies, if they meet the requirements, they can enjoy the provincial talent introduction policy. (Provincial Human Resources and Social Security Agency takes the lead)

Give full play to the role of industry associations, encourage associations and foreign similar intermediary organizations to explore the establishment of industry collaboration alliances to provide professional and international services. The Association supports professional forums, talent training, level testing, experience promotion, business exchanges and other activities to enhance the industry's development level. Strengthen the concept of financial leasing and the promotion of knowledge, and improve the social influence and recognition of the financial leasing industry. (Leader of the Provincial Department of Commerce)

Seventh, increase fiscal tax policy support

Give full play to the role of provincial-level equity investment guidance funds, and guide social capital to support the accelerated development of the financial leasing industry. Increase government procurement services and encourage governments at all levels to purchase financial leasing services in providing public services and promoting infrastructure construction and operations. The actual users who obtain agricultural machinery through financial leasing can enjoy the subsidy for agricultural machinery purchase. Encourage local innovation policy support methods, explore policy tools such as compensation, incentives, and interest subsidies, and guide financial leasing companies to increase financing support for small and micro enterprises. (The Provincial Department of Finance takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Implement taxation related taxation policies to promote the healthy development of the industry. The financial leasing contract signed for the financial leasing business (including financing and sale and leaseback) shall be denominated according to the total amount of rent as stated in the “Loan Contract”. Asset losses incurred by a finance leasing company may be deducted before tax in accordance with relevant regulations. (Provincial State Taxation Bureau, Provincial Taxation Bureau takes the lead, the Provincial Finance Department cooperates)

8. Broaden the financing channels of enterprises

Support financial leasing companies to raise funds through domestic and foreign capital markets. (Shandong Securities Regulatory Bureau takes the lead, the People's Bank of China Jinan Branch, the Provincial Finance Office, the Provincial Department of Commerce cooperate)

Encourage all types of financial institutions to increase their support and inclination to financial leasing companies, and provide financing products for the characteristics of leasing projects. Guide financial leasing companies to increase the source of medium and long-term funds, and support financial leasing companies to use the methods of listing, issuing bonds, trusts, funds, internal insurance loans and asset securitization. Encourage eligible financial leasing companies to concurrently engage in commercial factoring business related to their main business. Support the financing lease company's accounts receivable financing, optimize the asset structure of the financial leasing company, and expand the leasing scale. (People's Bank Jinan Branch, Provincial Financial Office, Provincial Development and Reform Commission, Shandong Securities Regulatory Bureau, Shandong Insurance Regulatory Bureau, Shandong Banking Regulatory Bureau)

Encourage financial leasing companies to be listed through the national SME share transfer system and regional equity market. (Shandong Securities Regulatory Bureau takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Encourage insurance institutions to cooperate with banking institutions to carry out policy financing business under credit insurance and broaden financing channels for financial leasing companies. (Shandong Insurance Regulatory Bureau takes the lead, Provincial Financial Office, People's Bank of China Jinan Branch, Shandong Banking Supervision Bureau, Provincial Department of Commerce)

9. Optimize government services

All levels and departments should further transform their functions, improve efficiency, and provide quality and convenient services for the development of financial leasing companies. The implementation of the investment financing leasing company to establish a time-limited settlement system, foreign-invested financial leasing companies, in line with the conditions for establishment, the provincial-level industry authorities to complete the examination and approval within 5 working days; for the establishment of domestic-funded pilot financial leasing companies, after the trial meets the conditions The provincial department in charge of the industry shall report to the Ministry of Commerce within 5 working days. (Promotion by the Provincial Department of Commerce, the Provincial Administration for Industry and Commerce)

Strengthen the registration and management of the ownership of financial leases, and handle the registration change procedures for financial leases in a timely manner. (Provincial Industry and Commerce Bureau takes the lead, the Provincial Department of Commerce cooperates)

The Ministry of Commerce “National Financial Leasing Company Management Information System” and the “People's Bank of China Credit Information Financing Registration System” will be used to strengthen the registration management of financial leasing, pledge of accounts receivable and transfer. When conducting a business, a financial leasing company must log in to the relevant information system to register relevant information in a timely manner, and timely check the ownership status of the relevant subject matter when conducting business such as asset mortgage, pledge and transfer. (Provincial Department of Commerce, People's Bank of China Jinan Branch takes the lead)

Where the import lease involves the management of quotas, permits, automatic import licenses, etc., the leaser has no relevant quotas, licenses, and automatic import licenses, and no additional qualification requirements for the finance lease company are proposed. (Qingdao Customs, Jinan Customs take the lead, the Provincial Department of Commerce cooperates)

For the financial leasing companies that apply for the medical equipment equipment leasing business, the requirements for the area of ​​the business premises and the establishment of warehouses shall be abolished, and the qualifications, professionalism and work experience of the employees shall be relaxed. (Leadership by the Provincial Food and Drug Administration)

Except as otherwise provided by laws and regulations, the lessee obtains the same treatment when the equipment is purchased by the financial leasing method and the equipment purchased by itself. Standardize motor vehicle transactions and registration management, simplify the transaction registration process, and facilitate the parties to finance leasing to handle business. (Provincial Department of the Department takes the lead, the relevant departments of the province cooperate)

X. Strengthen post-event supervision and risk prevention

Establish an inter-departmental work communication and coordination mechanism to strengthen information sharing and regulatory collaboration. Strengthen the supervision and inspection of the information reporting of financial leasing companies to ensure that the information is accurate and complete. Improve the statistical system of the financial leasing industry, and establish an abnormal directory and blacklist system for information submitted by enterprises. Strengthen risk monitoring, analysis and early warning, strengthen the supervision of key links and financial leasing companies to absorb deposits, issue loans and other violations of laws and regulations, and promptly request rectification or punishment for illegal and illegal financial leasing companies. Guide financial leasing companies to strengthen the internal management system, establish a sound internal risk control system, form a good risk asset classification management system, lessee credit evaluation system, after-the-fact recovery and disposal system and risk early warning mechanism, enhance asset management capabilities, and strictly control Business risk. In accordance with relevant regulations, the financial leasing company will be guided to access the People's Bank of China corporate credit information system, and guide enterprises to submit relevant information to customers to prevent transaction risks. (Leader of the Provincial Department of Commerce)

All localities and relevant departments must fully understand the importance of accelerating the development of the financial leasing industry, strengthen organizational leadership, establish and improve working mechanisms, strengthen departmental coordination and linkage, and jointly promote the healthy and orderly development of the financial leasing industry. It is necessary to actively build a platform for integration of industry and finance, and guide financial leasing companies to continuously expand their business scope and enhance their ability to serve the real economy. It is necessary to refine policy measures and ensure that all work is implemented. The Provincial Department of Commerce shall earnestly fulfill the responsibilities of the competent departments of the financial leasing industry, strengthen the management of the industry, and conduct follow-up analysis and supervision and guidance on the implementation of this opinion with relevant departments, and report major issues to the provincial government in a timely manner.

General Office of Shandong Provincial People's Government

February 19, 2016

Summary:

Municipal governments of various cities, people's governments of counties (cities, districts), various departments of the provincial government, all directly affiliated institutions, major enterprises, and institutions of higher learning:

In recent years, the province's financial leasing industry has developed rapidly. However, compared with developed provinces and cities, the overall scale is still small, the market penetration rate is low, the financing model is lagging behind, and the number of professionals is lacking. In order to speed up the development of the financial leasing industry in our province, give play to its role in promoting scientific and technological innovation, broadening the financing channels for small and medium-sized enterprises, promoting the development of emerging industries, and promoting industrial upgrading and structural adjustment, according to the “Guidelines for Accelerating the Development of Financial Leasing Industry by the General Office of the State Council” "The spirit of the State Council [2015] No. 68), with the consent of the provincial government, the following implementation opinions are proposed:

First, mobilize the enthusiasm of various market players

Encourage and guide all kinds of social capital to enter the province's financial leasing industry, and support large enterprises with advantageous industrial backgrounds to invest in setting up professional financial leasing companies. Guide equity investment funds, insurance funds to invest in financial leasing assets. Support existing financial leasing companies to become bigger and stronger through capital increase and share expansion, mergers and acquisitions, etc. Support financial leasing companies to set up special project companies and branches in the province. (The Provincial Department of Commerce takes the lead, the Provincial Department of Finance, the Provincial Administration for Industry and Commerce, and the Provincial Tax Bureau)

Second, vigorously promote the use of foreign capital

The financial leasing industry will be the focus of foreign investment in the modern service industry in the coming period, and special investment promotion activities will be organized at home and abroad. The United States, Germany, Japan, Hong Kong, and Singapore will be the key areas for attracting foreign investment in the financial leasing industry. With the platforms and mechanisms of Hong Kong Shandong Week and Singapore-Shandong Economic and Trade Council, targeted investment in key regions will be implemented. Attracting multinational companies to invest in setting up financial leasing companies to carry out leasing business for large equipment, medical equipment and transportation. Support qualified financial leasing companies to graft foreign capital and obtain low-cost funds from abroad. Strengthen cooperation with overseas financial institutions, make full use of creditor's rights, equity from overseas financing, and innovative use of foreign capital. (The Provincial Department of Commerce takes the lead, the People's Bank of China Jinan Branch cooperates)

Third, promote deep integration with key industries

Support the combination of financial leasing industry and equipment manufacturing industry, and expand financial leasing services such as large-scale manufacturing equipment, construction equipment, transportation tools and production equipment. Support financial leasing companies and high-tech industries to focus on the development of new materials, new energy, energy conservation and environmental protection, biological and new generation information technology and other strategic emerging industries financial leasing services. Support financial leasing companies to carry out aircraft and ship leasing business, and actively develop domestic civil aviation equipment, marine engineering equipment and high-tech ships, major scientific research equipment, inspection and testing equipment, new cultural and creative industries and media equipment leasing business. (The Provincial Economic and Information Technology Commission takes the lead, the Provincial Science and Technology Department and the Provincial Department of Transportation cooperate)

Support the combination of financial leasing industry and modern agriculture, and expand the rental market of agricultural machinery equipment such as large and medium-sized tractors and multi-purpose combine harvesters. (Provincial Agricultural Machinery Bureau takes the lead, the Provincial Department of Commerce cooperates)

Financial leasing companies are encouraged to participate in urban public utilities such as urban sewage treatment, environmental management, buses, taxis, public bicycles, gas, thermal equipment, underground pipe corridors, sponge cities, and urban lighting. (Provincial Housing and Urban-Rural Development Office takes the lead, the Provincial Economic and Information Technology Commission cooperates)

Encourage the establishment of financial leasing companies that serve small and medium-sized enterprises, and promote cooperation with science parks, technology business incubators, and SME public service platforms to broaden the financing channels for small and medium-sized enterprises and individual entrepreneurs. (Leadership of the Provincial Economic and Information Technology Commission)

Fourth, expand the financial leasing international market

Encourage financial leasing companies to actively participate in the national “Belt and Road” strategy and develop financial leasing markets along the countries and regions along the route. Encourage our province's construction machinery, electric power, offshore engineering equipment and other large-scale complete equipment manufacturing enterprises to cooperate with financial leasing companies to develop international markets through financial leasing. Guided the provincial financial leasing company to strengthen cooperation with overseas construction enterprises and overseas engineering contracting enterprises, participate in the construction of multinational infrastructure projects and foreign aid projects, and expand the construction equipment leasing market. (The Provincial Department of Commerce takes the lead, the Provincial Economic and Information Technology Commission cooperates)

V. Encourage the innovation and development of financial leasing companies

Support financial leasing companies to introduce advanced foreign concepts and management experience, innovate business models, take the road of specialization, specialization and differentiation, and form comparative advantages in specific fields. Support financial leasing companies to strengthen cooperation through transfer leasing, joint leasing, etc., to improve the management and operation capacity of the financial leasing industry chain. Promote financial leasing companies to cooperate with banks, insurance, trusts, funds and other financial institutions to innovate business models. Accelerate the development of integration with the Internet, relying on existing platforms such as Shandong Financial Assets Trading Center, integrate multi-party resources, and provide trading services for financing lease debts and assets. Explore the combination of financial leasing and government and social capital cooperation (PPP) financing models to broaden the business area. Guide financial leasing companies to continuously optimize product mix, transaction structure, rent arrangement, risk prevention and control design, and improve service level and enterprise competitiveness. (Promotion by the Provincial Department of Commerce, Provincial Finance Department, People's Bank of China Jinan Branch, Shandong Insurance Regulatory Bureau)

6. Strengthen policy business training and talent introduction

Establish a financial leasing industry development steering committee and expert database to provide intellectual support for industry planning, business innovation, and talent development. Encourage qualified institutions of higher learning to set up finance and leasing-related majors, conduct short-term senior management personnel training, and cultivate various types of talents in the financial leasing industry such as law, taxation, marketing, risk control, finance, and management. (Leader of the Provincial Department of Education)

Increase the introduction of high-level talents in financial leasing. For high-level talents introduced by financial leasing companies, if they meet the requirements, they can enjoy the provincial talent introduction policy. (Provincial Human Resources and Social Security Agency takes the lead)

Give full play to the role of industry associations, encourage associations and foreign similar intermediary organizations to explore the establishment of industry collaboration alliances to provide professional and international services. The Association supports professional forums, talent training, level testing, experience promotion, business exchanges and other activities to enhance the industry's development level. Strengthen the concept of financial leasing and the promotion of knowledge, and improve the social influence and recognition of the financial leasing industry. (Leader of the Provincial Department of Commerce)

Seventh, increase fiscal tax policy support

Give full play to the role of provincial-level equity investment guidance funds, and guide social capital to support the accelerated development of the financial leasing industry. Increase government procurement services and encourage governments at all levels to purchase financial leasing services in providing public services and promoting infrastructure construction and operations. The actual users who obtain agricultural machinery through financial leasing can enjoy the subsidy for agricultural machinery purchase. Encourage local innovation policy support methods, explore policy tools such as compensation, incentives, and interest subsidies, and guide financial leasing companies to increase financing support for small and micro enterprises. (The Provincial Department of Finance takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Implement taxation related taxation policies to promote the healthy development of the industry. The financial leasing contract signed for the financial leasing business (including financing and sale and leaseback) shall be denominated according to the total amount of rent as stated in the “Loan Contract”. Asset losses incurred by a finance leasing company may be deducted before tax in accordance with relevant regulations. (Provincial State Taxation Bureau, Provincial Taxation Bureau takes the lead, the Provincial Finance Department cooperates)

8. Broaden the financing channels of enterprises

Support financial leasing companies to raise funds through domestic and foreign capital markets. (Shandong Securities Regulatory Bureau takes the lead, the People's Bank of China Jinan Branch, the Provincial Finance Office, the Provincial Department of Commerce cooperate)

Encourage all types of financial institutions to increase their support and inclination to financial leasing companies, and provide financing products for the characteristics of leasing projects. Guide financial leasing companies to increase the source of medium and long-term funds, and support financial leasing companies to use the methods of listing, issuing bonds, trusts, funds, internal insurance loans and asset securitization. Encourage eligible financial leasing companies to concurrently engage in commercial factoring business related to their main business. Support the financing lease company's accounts receivable financing, optimize the asset structure of the financial leasing company, and expand the leasing scale. (People's Bank Jinan Branch, Provincial Financial Office, Provincial Development and Reform Commission, Shandong Securities Regulatory Bureau, Shandong Insurance Regulatory Bureau, Shandong Banking Regulatory Bureau)

Encourage financial leasing companies to be listed through the national SME share transfer system and regional equity market. (Shandong Securities Regulatory Bureau takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Encourage insurance institutions to cooperate with banking institutions to carry out policy financing business under credit insurance and broaden financing channels for financial leasing companies. (Shandong Insurance Regulatory Bureau takes the lead, Provincial Financial Office, People's Bank of China Jinan Branch, Shandong Banking Supervision Bureau, Provincial Department of Commerce)

9. Optimize government services

All levels and departments should further transform their functions, improve efficiency, and provide quality and convenient services for the development of financial leasing companies. The implementation of the investment financing leasing company to establish a time-limited settlement system, foreign-invested financial leasing companies, in line with the conditions for establishment, the provincial-level industry authorities to complete the examination and approval within 5 working days; for the establishment of domestic-funded pilot financial leasing companies, after the trial meets the conditions The provincial department in charge of the industry shall report to the Ministry of Commerce within 5 working days. (Promotion by the Provincial Department of Commerce, the Provincial Administration for Industry and Commerce)

Strengthen the registration and management of the ownership of financial leases, and handle the registration change procedures for financial leases in a timely manner. (Provincial Industry and Commerce Bureau takes the lead, the Provincial Department of Commerce cooperates)

The Ministry of Commerce “National Financial Leasing Company Management Information System” and the “People's Bank of China Credit Information Financing Registration System” will be used to strengthen the registration management of financial leasing, pledge of accounts receivable and transfer. When conducting a business, a financial leasing company must log in to the relevant information system to register relevant information in a timely manner, and timely check the ownership status of the relevant subject matter when conducting business such as asset mortgage, pledge and transfer. (Provincial Department of Commerce, People's Bank of China Jinan Branch takes the lead)

Where the import lease involves the management of quotas, permits, automatic import licenses, etc., the leaser has no relevant quotas, licenses, and automatic import licenses, and no additional qualification requirements for the finance lease company are proposed. (Qingdao Customs, Jinan Customs take the lead, the Provincial Department of Commerce cooperates)

For the financial leasing companies that apply for the medical equipment equipment leasing business, the requirements for the area of ​​the business premises and the establishment of warehouses shall be abolished, and the qualifications, professionalism and work experience of the employees shall be relaxed. (Leadership by the Provincial Food and Drug Administration)

Except as otherwise provided by laws and regulations, the lessee obtains the same treatment when the equipment is purchased by the financial leasing method and the equipment purchased by itself. Standardize motor vehicle transactions and registration management, simplify the transaction registration process, and facilitate the parties to finance leasing to handle business. (Provincial Department of the Department takes the lead, the relevant departments of the province cooperate)

X. Strengthen post-event supervision and risk prevention

Establish an inter-departmental work communication and coordination mechanism to strengthen information sharing and regulatory collaboration. Strengthen the supervision and inspection of the information reporting of financial leasing companies to ensure that the information is accurate and complete. Improve the statistical system of the financial leasing industry, and establish an abnormal directory and blacklist system for information submitted by enterprises. Strengthen risk monitoring, analysis and early warning, strengthen the supervision of key links and financial leasing companies to absorb deposits, issue loans and other violations of laws and regulations, and promptly request rectification or punishment for illegal and illegal financial leasing companies. Guide financial leasing companies to strengthen the internal management system, establish a sound internal risk control system, form a good risk asset classification management system, lessee credit evaluation system, after-the-fact recovery and disposal system and risk early warning mechanism, enhance asset management capabilities, and strictly control Business risk. In accordance with relevant regulations, the financial leasing company will be guided to access the People's Bank of China corporate credit information system, and guide enterprises to submit relevant information to customers to prevent transaction risks. (Leader of the Provincial Department of Commerce)

All localities and relevant departments must fully understand the importance of accelerating the development of the financial leasing industry, strengthen organizational leadership, establish and improve working mechanisms, strengthen departmental coordination and linkage, and jointly promote the healthy and orderly development of the financial leasing industry. It is necessary to actively build a platform for integration of industry and finance, and guide financial leasing companies to continuously expand their business scope and enhance their ability to serve the real economy. It is necessary to refine policy measures and ensure that all work is implemented. The Provincial Department of Commerce shall earnestly fulfill the responsibilities of the competent departments of the financial leasing industry, strengthen the management of the industry, and conduct follow-up analysis and supervision and guidance on the implementation of this opinion with relevant departments, and report major issues to the provincial government in a timely manner.

General Office of Shandong Provincial People's Government

February 19, 2016 

Summary:

Municipal governments of various cities, people's governments of counties (cities, districts), various departments of the provincial government, all directly affiliated institutions, major enterprises, and institutions of higher learning:

In recent years, the province's financial leasing industry has developed rapidly. However, compared with developed provinces and cities, the overall scale is still small, the market penetration rate is low, the financing model is lagging behind, and the number of professionals is lacking. In order to speed up the development of the financial leasing industry in our province, give play to its role in promoting scientific and technological innovation, broadening the financing channels for small and medium-sized enterprises, promoting the development of emerging industries, and promoting industrial upgrading and structural adjustment, according to the “Guidelines for Accelerating the Development of Financial Leasing Industry by the General Office of the State Council” "The spirit of the State Council [2015] No. 68), with the consent of the provincial government, the following implementation opinions are proposed:

First, mobilize the enthusiasm of various market players

Encourage and guide all kinds of social capital to enter the province's financial leasing industry, and support large enterprises with advantageous industrial backgrounds to invest in setting up professional financial leasing companies. Guide equity investment funds, insurance funds to invest in financial leasing assets. Support existing financial leasing companies to become bigger and stronger through capital increase and share expansion, mergers and acquisitions, etc. Support financial leasing companies to set up special project companies and branches in the province. (The Provincial Department of Commerce takes the lead, the Provincial Department of Finance, the Provincial Administration for Industry and Commerce, and the Provincial Tax Bureau)

Second, vigorously promote the use of foreign capital

The financial leasing industry will be the focus of foreign investment in the modern service industry in the coming period, and special investment promotion activities will be organized at home and abroad. The United States, Germany, Japan, Hong Kong, and Singapore will be the key areas for attracting foreign investment in the financial leasing industry. With the platforms and mechanisms of Hong Kong Shandong Week and Singapore-Shandong Economic and Trade Council, targeted investment in key regions will be implemented. Attracting multinational companies to invest in setting up financial leasing companies to carry out leasing business for large equipment, medical equipment and transportation. Support qualified financial leasing companies to graft foreign capital and obtain low-cost funds from abroad. Strengthen cooperation with overseas financial institutions, make full use of creditor's rights, equity from overseas financing, and innovative use of foreign capital. (The Provincial Department of Commerce takes the lead, the People's Bank of China Jinan Branch cooperates)

Third, promote deep integration with key industries

Support the combination of financial leasing industry and equipment manufacturing industry, and expand financial leasing services such as large-scale manufacturing equipment, construction equipment, transportation tools and production equipment. Support financial leasing companies and high-tech industries to focus on the development of new materials, new energy, energy conservation and environmental protection, biological and new generation information technology and other strategic emerging industries financial leasing services. Support financial leasing companies to carry out aircraft and ship leasing business, and actively develop domestic civil aviation equipment, marine engineering equipment and high-tech ships, major scientific research equipment, inspection and testing equipment, new cultural and creative industries and media equipment leasing business. (The Provincial Economic and Information Technology Commission takes the lead, the Provincial Science and Technology Department and the Provincial Department of Transportation cooperate)

Support the combination of financial leasing industry and modern agriculture, and expand the rental market of agricultural machinery equipment such as large and medium-sized tractors and multi-purpose combine harvesters. (Provincial Agricultural Machinery Bureau takes the lead, the Provincial Department of Commerce cooperates)

Financial leasing companies are encouraged to participate in urban public utilities such as urban sewage treatment, environmental management, buses, taxis, public bicycles, gas, thermal equipment, underground pipe corridors, sponge cities, and urban lighting. (Provincial Housing and Urban-Rural Development Office takes the lead, the Provincial Economic and Information Technology Commission cooperates)

Encourage the establishment of financial leasing companies that serve small and medium-sized enterprises, and promote cooperation with science parks, technology business incubators, and SME public service platforms to broaden the financing channels for small and medium-sized enterprises and individual entrepreneurs. (Leadership of the Provincial Economic and Information Technology Commission)

Fourth, expand the financial leasing international market

Encourage financial leasing companies to actively participate in the national “Belt and Road” strategy and develop financial leasing markets along the countries and regions along the route. Encourage our province's construction machinery, electric power, offshore engineering equipment and other large-scale complete equipment manufacturing enterprises to cooperate with financial leasing companies to develop international markets through financial leasing. Guided the provincial financial leasing company to strengthen cooperation with overseas construction enterprises and overseas engineering contracting enterprises, participate in the construction of multinational infrastructure projects and foreign aid projects, and expand the construction equipment leasing market. (The Provincial Department of Commerce takes the lead, the Provincial Economic and Information Technology Commission cooperates)

V. Encourage the innovation and development of financial leasing companies

Support financial leasing companies to introduce advanced foreign concepts and management experience, innovate business models, take the road of specialization, specialization and differentiation, and form comparative advantages in specific fields. Support financial leasing companies to strengthen cooperation through transfer leasing, joint leasing, etc., to improve the management and operation capacity of the financial leasing industry chain. Promote financial leasing companies to cooperate with banks, insurance, trusts, funds and other financial institutions to innovate business models. Accelerate the development of integration with the Internet, relying on existing platforms such as Shandong Financial Assets Trading Center, integrate multi-party resources, and provide trading services for financing lease debts and assets. Explore the combination of financial leasing and government and social capital cooperation (PPP) financing models to broaden the business area. Guide financial leasing companies to continuously optimize product mix, transaction structure, rent arrangement, risk prevention and control design, and improve service level and enterprise competitiveness. (Promotion by the Provincial Department of Commerce, Provincial Finance Department, People's Bank of China Jinan Branch, Shandong Insurance Regulatory Bureau)

6. Strengthen policy business training and talent introduction

Establish a financial leasing industry development steering committee and expert database to provide intellectual support for industry planning, business innovation, and talent development. Encourage qualified institutions of higher learning to set up finance and leasing-related majors, conduct short-term senior management personnel training, and cultivate various types of talents in the financial leasing industry such as law, taxation, marketing, risk control, finance, and management. (Leader of the Provincial Department of Education)

Increase the introduction of high-level talents in financial leasing. For high-level talents introduced by financial leasing companies, if they meet the requirements, they can enjoy the provincial talent introduction policy. (Provincial Human Resources and Social Security Agency takes the lead)

Give full play to the role of industry associations, encourage associations and foreign similar intermediary organizations to explore the establishment of industry collaboration alliances to provide professional and international services. The Association supports professional forums, talent training, level testing, experience promotion, business exchanges and other activities to enhance the industry's development level. Strengthen the concept of financial leasing and the promotion of knowledge, and improve the social influence and recognition of the financial leasing industry. (Leader of the Provincial Department of Commerce)

Seventh, increase fiscal tax policy support

Give full play to the role of provincial-level equity investment guidance funds, and guide social capital to support the accelerated development of the financial leasing industry. Increase government procurement services and encourage governments at all levels to purchase financial leasing services in providing public services and promoting infrastructure construction and operations. The actual users who obtain agricultural machinery through financial leasing can enjoy the subsidy for agricultural machinery purchase. Encourage local innovation policy support methods, explore policy tools such as compensation, incentives, and interest subsidies, and guide financial leasing companies to increase financing support for small and micro enterprises. (The Provincial Department of Finance takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Implement taxation related taxation policies to promote the healthy development of the industry. The financial leasing contract signed for the financial leasing business (including financing and sale and leaseback) shall be denominated according to the total amount of rent as stated in the “Loan Contract”. Asset losses incurred by a finance leasing company may be deducted before tax in accordance with relevant regulations. (Provincial State Taxation Bureau, Provincial Taxation Bureau takes the lead, the Provincial Finance Department cooperates)

8. Broaden the financing channels of enterprises

Support financial leasing companies to raise funds through domestic and foreign capital markets. (Shandong Securities Regulatory Bureau takes the lead, the People's Bank of China Jinan Branch, the Provincial Finance Office, the Provincial Department of Commerce cooperate)

Encourage all types of financial institutions to increase their support and inclination to financial leasing companies, and provide financing products for the characteristics of leasing projects. Guide financial leasing companies to increase the source of medium and long-term funds, and support financial leasing companies to use the methods of listing, issuing bonds, trusts, funds, internal insurance loans and asset securitization. Encourage eligible financial leasing companies to concurrently engage in commercial factoring business related to their main business. Support the financing lease company's accounts receivable financing, optimize the asset structure of the financial leasing company, and expand the leasing scale. (People's Bank Jinan Branch, Provincial Financial Office, Provincial Development and Reform Commission, Shandong Securities Regulatory Bureau, Shandong Insurance Regulatory Bureau, Shandong Banking Regulatory Bureau)

Encourage financial leasing companies to be listed through the national SME share transfer system and regional equity market. (Shandong Securities Regulatory Bureau takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Encourage insurance institutions to cooperate with banking institutions to carry out policy financing business under credit insurance and broaden financing channels for financial leasing companies. (Shandong Insurance Regulatory Bureau takes the lead, Provincial Financial Office, People's Bank of China Jinan Branch, Shandong Banking Supervision Bureau, Provincial Department of Commerce)

9. Optimize government services

All levels and departments should further transform their functions, improve efficiency, and provide quality and convenient services for the development of financial leasing companies. The implementation of the investment financing leasing company to establish a time-limited settlement system, foreign-invested financial leasing companies, in line with the conditions for establishment, the provincial-level industry authorities to complete the examination and approval within 5 working days; for the establishment of domestic-funded pilot financial leasing companies, after the trial meets the conditions The provincial department in charge of the industry shall report to the Ministry of Commerce within 5 working days. (Promotion by the Provincial Department of Commerce, the Provincial Administration for Industry and Commerce)

Strengthen the registration and management of the ownership of financial leases, and handle the registration change procedures for financial leases in a timely manner. (Provincial Industry and Commerce Bureau takes the lead, the Provincial Department of Commerce cooperates)

The Ministry of Commerce “National Financial Leasing Company Management Information System” and the “People's Bank of China Credit Information Financing Registration System” will be used to strengthen the registration management of financial leasing, pledge of accounts receivable and transfer. When conducting a business, a financial leasing company must log in to the relevant information system to register relevant information in a timely manner, and timely check the ownership status of the relevant subject matter when conducting business such as asset mortgage, pledge and transfer. (Provincial Department of Commerce, People's Bank of China Jinan Branch takes the lead)

Where the import lease involves the management of quotas, permits, automatic import licenses, etc., the leaser has no relevant quotas, licenses, and automatic import licenses, and no additional qualification requirements for the finance lease company are proposed. (Qingdao Customs, Jinan Customs take the lead, the Provincial Department of Commerce cooperates)

For the financial leasing companies that apply for the medical equipment equipment leasing business, the requirements for the area of ​​the business premises and the establishment of warehouses shall be abolished, and the qualifications, professionalism and work experience of the employees shall be relaxed. (Leadership by the Provincial Food and Drug Administration)

Except as otherwise provided by laws and regulations, the lessee obtains the same treatment when the equipment is purchased by the financial leasing method and the equipment purchased by itself. Standardize motor vehicle transactions and registration management, simplify the transaction registration process, and facilitate the parties to finance leasing to handle business. (Provincial Department of the Department takes the lead, the relevant departments of the province cooperate)

X. Strengthen post-event supervision and risk prevention

Establish an inter-departmental work communication and coordination mechanism to strengthen information sharing and regulatory collaboration. Strengthen the supervision and inspection of the information reporting of financial leasing companies to ensure that the information is accurate and complete. Improve the statistical system of the financial leasing industry, and establish an abnormal directory and blacklist system for information submitted by enterprises. Strengthen risk monitoring, analysis and early warning, strengthen the supervision of key links and financial leasing companies to absorb deposits, issue loans and other violations of laws and regulations, and promptly request rectification or punishment for illegal and illegal financial leasing companies. Guide financial leasing companies to strengthen the internal management system, establish a sound internal risk control system, form a good risk asset classification management system, lessee credit evaluation system, after-the-fact recovery and disposal system and risk early warning mechanism, enhance asset management capabilities, and strictly control Business risk. In accordance with relevant regulations, the financial leasing company will be guided to access the People's Bank of China corporate credit information system, and guide enterprises to submit relevant information to customers to prevent transaction risks. (Leader of the Provincial Department of Commerce)

All localities and relevant departments must fully understand the importance of accelerating the development of the financial leasing industry, strengthen organizational leadership, establish and improve working mechanisms, strengthen departmental coordination and linkage, and jointly promote the healthy and orderly development of the financial leasing industry. It is necessary to actively build a platform for integration of industry and finance, and guide financial leasing companies to continuously expand their business scope and enhance their ability to serve the real economy. It is necessary to refine policy measures and ensure that all work is implemented. The Provincial Department of Commerce shall earnestly fulfill the responsibilities of the competent departments of the financial leasing industry, strengthen the management of the industry, and conduct follow-up analysis and supervision and guidance on the implementation of this opinion with relevant departments, and report major issues to the provincial government in a timely manner.

General Office of Shandong Provincial People's Government

February 19, 2016 

Summary:

Municipal governments of various cities, people's governments of counties (cities, districts), various departments of the provincial government, all directly affiliated institutions, major enterprises, and institutions of higher learning:

In recent years, the province's financial leasing industry has developed rapidly. However, compared with developed provinces and cities, the overall scale is still small, the market penetration rate is low, the financing model is lagging behind, and the number of professionals is lacking. In order to speed up the development of the financial leasing industry in our province, give play to its role in promoting scientific and technological innovation, broadening the financing channels for small and medium-sized enterprises, promoting the development of emerging industries, and promoting industrial upgrading and structural adjustment, according to the “Guidelines for Accelerating the Development of Financial Leasing Industry by the General Office of the State Council” "The spirit of the State Council [2015] No. 68), with the consent of the provincial government, the following implementation opinions are proposed:

First, mobilize the enthusiasm of various market players

Encourage and guide all kinds of social capital to enter the province's financial leasing industry, and support large enterprises with advantageous industrial backgrounds to invest in setting up professional financial leasing companies. Guide equity investment funds, insurance funds to invest in financial leasing assets. Support existing financial leasing companies to become bigger and stronger through capital increase and share expansion, mergers and acquisitions, etc. Support financial leasing companies to set up special project companies and branches in the province. (The Provincial Department of Commerce takes the lead, the Provincial Department of Finance, the Provincial Administration for Industry and Commerce, and the Provincial Tax Bureau)

Second, vigorously promote the use of foreign capital

The financial leasing industry will be the focus of foreign investment in the modern service industry in the coming period, and special investment promotion activities will be organized at home and abroad. The United States, Germany, Japan, Hong Kong, and Singapore will be the key areas for attracting foreign investment in the financial leasing industry. With the platforms and mechanisms of Hong Kong Shandong Week and Singapore-Shandong Economic and Trade Council, targeted investment in key regions will be implemented. Attracting multinational companies to invest in setting up financial leasing companies to carry out leasing business for large equipment, medical equipment and transportation. Support qualified financial leasing companies to graft foreign capital and obtain low-cost funds from abroad. Strengthen cooperation with overseas financial institutions, make full use of creditor's rights, equity from overseas financing, and innovative use of foreign capital. (The Provincial Department of Commerce takes the lead, the People's Bank of China Jinan Branch cooperates)

Third, promote deep integration with key industries

Support the combination of financial leasing industry and equipment manufacturing industry, and expand financial leasing services such as large-scale manufacturing equipment, construction equipment, transportation tools and production equipment. Support financial leasing companies and high-tech industries to focus on the development of new materials, new energy, energy conservation and environmental protection, biological and new generation information technology and other strategic emerging industries financial leasing services. Support financial leasing companies to carry out aircraft and ship leasing business, and actively develop domestic civil aviation equipment, marine engineering equipment and high-tech ships, major scientific research equipment, inspection and testing equipment, new cultural and creative industries and media equipment leasing business. (The Provincial Economic and Information Technology Commission takes the lead, the Provincial Science and Technology Department and the Provincial Department of Transportation cooperate)

Support the combination of financial leasing industry and modern agriculture, and expand the rental market of agricultural machinery equipment such as large and medium-sized tractors and multi-purpose combine harvesters. (Provincial Agricultural Machinery Bureau takes the lead, the Provincial Department of Commerce cooperates)

Financial leasing companies are encouraged to participate in urban public utilities such as urban sewage treatment, environmental management, buses, taxis, public bicycles, gas, thermal equipment, underground pipe corridors, sponge cities, and urban lighting. (Provincial Housing and Urban-Rural Development Office takes the lead, the Provincial Economic and Information Technology Commission cooperates)

Encourage the establishment of financial leasing companies that serve small and medium-sized enterprises, and promote cooperation with science parks, technology business incubators, and SME public service platforms to broaden the financing channels for small and medium-sized enterprises and individual entrepreneurs. (Leadership of the Provincial Economic and Information Technology Commission)

Fourth, expand the financial leasing international market

Encourage financial leasing companies to actively participate in the national “Belt and Road” strategy and develop financial leasing markets along the countries and regions along the route. Encourage our province's construction machinery, electric power, offshore engineering equipment and other large-scale complete equipment manufacturing enterprises to cooperate with financial leasing companies to develop international markets through financial leasing. Guided the provincial financial leasing company to strengthen cooperation with overseas construction enterprises and overseas engineering contracting enterprises, participate in the construction of multinational infrastructure projects and foreign aid projects, and expand the construction equipment leasing market. (The Provincial Department of Commerce takes the lead, the Provincial Economic and Information Technology Commission cooperates)

V. Encourage the innovation and development of financial leasing companies

Support financial leasing companies to introduce advanced foreign concepts and management experience, innovate business models, take the road of specialization, specialization and differentiation, and form comparative advantages in specific fields. Support financial leasing companies to strengthen cooperation through transfer leasing, joint leasing, etc., to improve the management and operation capacity of the financial leasing industry chain. Promote financial leasing companies to cooperate with banks, insurance, trusts, funds and other financial institutions to innovate business models. Accelerate the development of integration with the Internet, relying on existing platforms such as Shandong Financial Assets Trading Center, integrate multi-party resources, and provide trading services for financing lease debts and assets. Explore the combination of financial leasing and government and social capital cooperation (PPP) financing models to broaden the business area. Guide financial leasing companies to continuously optimize product mix, transaction structure, rent arrangement, risk prevention and control design, and improve service level and enterprise competitiveness. (Promotion by the Provincial Department of Commerce, Provincial Finance Department, People's Bank of China Jinan Branch, Shandong Insurance Regulatory Bureau)

6. Strengthen policy business training and talent introduction

Establish a financial leasing industry development steering committee and expert database to provide intellectual support for industry planning, business innovation, and talent development. Encourage qualified institutions of higher learning to set up finance and leasing-related majors, conduct short-term senior management personnel training, and cultivate various types of talents in the financial leasing industry such as law, taxation, marketing, risk control, finance, and management. (Leader of the Provincial Department of Education)

Increase the introduction of high-level talents in financial leasing. For high-level talents introduced by financial leasing companies, if they meet the requirements, they can enjoy the provincial talent introduction policy. (Provincial Human Resources and Social Security Agency takes the lead)

Give full play to the role of industry associations, encourage associations and foreign similar intermediary organizations to explore the establishment of industry collaboration alliances to provide professional and international services. The Association supports professional forums, talent training, level testing, experience promotion, business exchanges and other activities to enhance the industry's development level. Strengthen the concept of financial leasing and the promotion of knowledge, and improve the social influence and recognition of the financial leasing industry. (Leader of the Provincial Department of Commerce)

Seventh, increase fiscal tax policy support

Give full play to the role of provincial-level equity investment guidance funds, and guide social capital to support the accelerated development of the financial leasing industry. Increase government procurement services and encourage governments at all levels to purchase financial leasing services in providing public services and promoting infrastructure construction and operations. The actual users who obtain agricultural machinery through financial leasing can enjoy the subsidy for agricultural machinery purchase. Encourage local innovation policy support methods, explore policy tools such as compensation, incentives, and interest subsidies, and guide financial leasing companies to increase financing support for small and micro enterprises. (The Provincial Department of Finance takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Implement taxation related taxation policies to promote the healthy development of the industry. The financial leasing contract signed for the financial leasing business (including financing and sale and leaseback) shall be denominated according to the total amount of rent as stated in the “Loan Contract”. Asset losses incurred by a finance leasing company may be deducted before tax in accordance with relevant regulations. (Provincial State Taxation Bureau, Provincial Taxation Bureau takes the lead, the Provincial Finance Department cooperates)

8. Broaden the financing channels of enterprises

Support financial leasing companies to raise funds through domestic and foreign capital markets. (Shandong Securities Regulatory Bureau takes the lead, the People's Bank of China Jinan Branch, the Provincial Finance Office, the Provincial Department of Commerce cooperate)

Encourage all types of financial institutions to increase their support and inclination to financial leasing companies, and provide financing products for the characteristics of leasing projects. Guide financial leasing companies to increase the source of medium and long-term funds, and support financial leasing companies to use the methods of listing, issuing bonds, trusts, funds, internal insurance loans and asset securitization. Encourage eligible financial leasing companies to concurrently engage in commercial factoring business related to their main business. Support the financing lease company's accounts receivable financing, optimize the asset structure of the financial leasing company, and expand the leasing scale. (People's Bank Jinan Branch, Provincial Financial Office, Provincial Development and Reform Commission, Shandong Securities Regulatory Bureau, Shandong Insurance Regulatory Bureau, Shandong Banking Regulatory Bureau)

Encourage financial leasing companies to be listed through the national SME share transfer system and regional equity market. (Shandong Securities Regulatory Bureau takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Encourage insurance institutions to cooperate with banking institutions to carry out policy financing business under credit insurance and broaden financing channels for financial leasing companies. (Shandong Insurance Regulatory Bureau takes the lead, Provincial Financial Office, People's Bank of China Jinan Branch, Shandong Banking Supervision Bureau, Provincial Department of Commerce)

9. Optimize government services

All levels and departments should further transform their functions, improve efficiency, and provide quality and convenient services for the development of financial leasing companies. The implementation of the investment financing leasing company to establish a time-limited settlement system, foreign-invested financial leasing companies, in line with the conditions for establishment, the provincial-level industry authorities to complete the examination and approval within 5 working days; for the establishment of domestic-funded pilot financial leasing companies, after the trial meets the conditions The provincial department in charge of the industry shall report to the Ministry of Commerce within 5 working days. (Promotion by the Provincial Department of Commerce, the Provincial Administration for Industry and Commerce)

Strengthen the registration and management of the ownership of financial leases, and handle the registration change procedures for financial leases in a timely manner. (Provincial Industry and Commerce Bureau takes the lead, the Provincial Department of Commerce cooperates)

The Ministry of Commerce “National Financial Leasing Company Management Information System” and the “People's Bank of China Credit Information Financing Registration System” will be used to strengthen the registration management of financial leasing, pledge of accounts receivable and transfer. When conducting a business, a financial leasing company must log in to the relevant information system to register relevant information in a timely manner, and timely check the ownership status of the relevant subject matter when conducting business such as asset mortgage, pledge and transfer. (Provincial Department of Commerce, People's Bank of China Jinan Branch takes the lead)

Where the import lease involves the management of quotas, permits, automatic import licenses, etc., the leaser has no relevant quotas, licenses, and automatic import licenses, and no additional qualification requirements for the finance lease company are proposed. (Qingdao Customs, Jinan Customs take the lead, the Provincial Department of Commerce cooperates)

For the financial leasing companies that apply for the medical equipment equipment leasing business, the requirements for the area of ​​the business premises and the establishment of warehouses shall be abolished, and the qualifications, professionalism and work experience of the employees shall be relaxed. (Leadership by the Provincial Food and Drug Administration)

Except as otherwise provided by laws and regulations, the lessee obtains the same treatment when the equipment is purchased by the financial leasing method and the equipment purchased by itself. Standardize motor vehicle transactions and registration management, simplify the transaction registration process, and facilitate the parties to finance leasing to handle business. (Provincial Department of the Department takes the lead, the relevant departments of the province cooperate)

X. Strengthen post-event supervision and risk prevention

Establish an inter-departmental work communication and coordination mechanism to strengthen information sharing and regulatory collaboration. Strengthen the supervision and inspection of the information reporting of financial leasing companies to ensure that the information is accurate and complete. Improve the statistical system of the financial leasing industry, and establish an abnormal directory and blacklist system for information submitted by enterprises. Strengthen risk monitoring, analysis and early warning, strengthen the supervision of key links and financial leasing companies to absorb deposits, issue loans and other violations of laws and regulations, and promptly request rectification or punishment for illegal and illegal financial leasing companies. Guide financial leasing companies to strengthen the internal management system, establish a sound internal risk control system, form a good risk asset classification management system, lessee credit evaluation system, after-the-fact recovery and disposal system and risk early warning mechanism, enhance asset management capabilities, and strictly control Business risk. In accordance with relevant regulations, the financial leasing company will be guided to access the People's Bank of China corporate credit information system, and guide enterprises to submit relevant information to customers to prevent transaction risks. (Leader of the Provincial Department of Commerce)

All localities and relevant departments must fully understand the importance of accelerating the development of the financial leasing industry, strengthen organizational leadership, establish and improve working mechanisms, strengthen departmental coordination and linkage, and jointly promote the healthy and orderly development of the financial leasing industry. It is necessary to actively build a platform for integration of industry and finance, and guide financial leasing companies to continuously expand their business scope and enhance their ability to serve the real economy. It is necessary to refine policy measures and ensure that all work is implemented. The Provincial Department of Commerce shall earnestly fulfill the responsibilities of the competent departments of the financial leasing industry, strengthen the management of the industry, and conduct follow-up analysis and supervision and guidance on the implementation of this opinion with relevant departments, and report major issues to the provincial government in a timely manner.

General Office of Shandong Provincial People's Government

February 19, 2016 

Summary:

Municipal governments of various cities, people's governments of counties (cities, districts), various departments of the provincial government, all directly affiliated institutions, major enterprises, and institutions of higher learning:

In recent years, the province's financial leasing industry has developed rapidly. However, compared with developed provinces and cities, the overall scale is still small, the market penetration rate is low, the financing model is lagging behind, and the number of professionals is lacking. In order to speed up the development of the financial leasing industry in our province, give play to its role in promoting scientific and technological innovation, broadening the financing channels for small and medium-sized enterprises, promoting the development of emerging industries, and promoting industrial upgrading and structural adjustment, according to the “Guidelines for Accelerating the Development of Financial Leasing Industry by the General Office of the State Council” "The spirit of the State Council [2015] No. 68), with the consent of the provincial government, the following implementation opinions are proposed:

First, mobilize the enthusiasm of various market players

Encourage and guide all kinds of social capital to enter the province's financial leasing industry, and support large enterprises with advantageous industrial backgrounds to invest in setting up professional financial leasing companies. Guide equity investment funds, insurance funds to invest in financial leasing assets. Support existing financial leasing companies to become bigger and stronger through capital increase and share expansion, mergers and acquisitions, etc. Support financial leasing companies to set up special project companies and branches in the province. (The Provincial Department of Commerce takes the lead, the Provincial Department of Finance, the Provincial Administration for Industry and Commerce, and the Provincial Tax Bureau)

Second, vigorously promote the use of foreign capital

The financial leasing industry will be the focus of foreign investment in the modern service industry in the coming period, and special investment promotion activities will be organized at home and abroad. The United States, Germany, Japan, Hong Kong, and Singapore will be the key areas for attracting foreign investment in the financial leasing industry. With the platforms and mechanisms of Hong Kong Shandong Week and Singapore-Shandong Economic and Trade Council, targeted investment in key regions will be implemented. Attracting multinational companies to invest in setting up financial leasing companies to carry out leasing business for large equipment, medical equipment and transportation. Support qualified financial leasing companies to graft foreign capital and obtain low-cost funds from abroad. Strengthen cooperation with overseas financial institutions, make full use of creditor's rights, equity from overseas financing, and innovative use of foreign capital. (The Provincial Department of Commerce takes the lead, the People's Bank of China Jinan Branch cooperates)

Third, promote deep integration with key industries

Support the combination of financial leasing industry and equipment manufacturing industry, and expand financial leasing services such as large-scale manufacturing equipment, construction equipment, transportation tools and production equipment. Support financial leasing companies and high-tech industries to focus on the development of new materials, new energy, energy conservation and environmental protection, biological and new generation information technology and other strategic emerging industries financial leasing services. Support financial leasing companies to carry out aircraft and ship leasing business, and actively develop domestic civil aviation equipment, marine engineering equipment and high-tech ships, major scientific research equipment, inspection and testing equipment, new cultural and creative industries and media equipment leasing business. (The Provincial Economic and Information Technology Commission takes the lead, the Provincial Science and Technology Department and the Provincial Department of Transportation cooperate)

Support the combination of financial leasing industry and modern agriculture, and expand the rental market of agricultural machinery equipment such as large and medium-sized tractors and multi-purpose combine harvesters. (Provincial Agricultural Machinery Bureau takes the lead, the Provincial Department of Commerce cooperates)

Financial leasing companies are encouraged to participate in urban public utilities such as urban sewage treatment, environmental management, buses, taxis, public bicycles, gas, thermal equipment, underground pipe corridors, sponge cities, and urban lighting. (Provincial Housing and Urban-Rural Development Office takes the lead, the Provincial Economic and Information Technology Commission cooperates)

Encourage the establishment of financial leasing companies that serve small and medium-sized enterprises, and promote cooperation with science parks, technology business incubators, and SME public service platforms to broaden the financing channels for small and medium-sized enterprises and individual entrepreneurs. (Leadership of the Provincial Economic and Information Technology Commission)

Fourth, expand the financial leasing international market

Encourage financial leasing companies to actively participate in the national “Belt and Road” strategy and develop financial leasing markets along the countries and regions along the route. Encourage our province's construction machinery, electric power, offshore engineering equipment and other large-scale complete equipment manufacturing enterprises to cooperate with financial leasing companies to develop international markets through financial leasing. Guided the provincial financial leasing company to strengthen cooperation with overseas construction enterprises and overseas engineering contracting enterprises, participate in the construction of multinational infrastructure projects and foreign aid projects, and expand the construction equipment leasing market. (The Provincial Department of Commerce takes the lead, the Provincial Economic and Information Technology Commission cooperates)

V. Encourage the innovation and development of financial leasing companies

Support financial leasing companies to introduce advanced foreign concepts and management experience, innovate business models, take the road of specialization, specialization and differentiation, and form comparative advantages in specific fields. Support financial leasing companies to strengthen cooperation through transfer leasing, joint leasing, etc., to improve the management and operation capacity of the financial leasing industry chain. Promote financial leasing companies to cooperate with banks, insurance, trusts, funds and other financial institutions to innovate business models. Accelerate the development of integration with the Internet, relying on existing platforms such as Shandong Financial Assets Trading Center, integrate multi-party resources, and provide trading services for financing lease debts and assets. Explore the combination of financial leasing and government and social capital cooperation (PPP) financing models to broaden the business area. Guide financial leasing companies to continuously optimize product mix, transaction structure, rent arrangement, risk prevention and control design, and improve service level and enterprise competitiveness. (Promotion by the Provincial Department of Commerce, Provincial Finance Department, People's Bank of China Jinan Branch, Shandong Insurance Regulatory Bureau)

6. Strengthen policy business training and talent introduction

Establish a financial leasing industry development steering committee and expert database to provide intellectual support for industry planning, business innovation, and talent development. Encourage qualified institutions of higher learning to set up finance and leasing-related majors, conduct short-term senior management personnel training, and cultivate various types of talents in the financial leasing industry such as law, taxation, marketing, risk control, finance, and management. (Leader of the Provincial Department of Education)

Increase the introduction of high-level talents in financial leasing. For high-level talents introduced by financial leasing companies, if they meet the requirements, they can enjoy the provincial talent introduction policy. (Provincial Human Resources and Social Security Agency takes the lead)

Give full play to the role of industry associations, encourage associations and foreign similar intermediary organizations to explore the establishment of industry collaboration alliances to provide professional and international services. The Association supports professional forums, talent training, level testing, experience promotion, business exchanges and other activities to enhance the industry's development level. Strengthen the concept of financial leasing and the promotion of knowledge, and improve the social influence and recognition of the financial leasing industry. (Leader of the Provincial Department of Commerce)

Seventh, increase fiscal tax policy support

Give full play to the role of provincial-level equity investment guidance funds, and guide social capital to support the accelerated development of the financial leasing industry. Increase government procurement services and encourage governments at all levels to purchase financial leasing services in providing public services and promoting infrastructure construction and operations. The actual users who obtain agricultural machinery through financial leasing can enjoy the subsidy for agricultural machinery purchase. Encourage local innovation policy support methods, explore policy tools such as compensation, incentives, and interest subsidies, and guide financial leasing companies to increase financing support for small and micro enterprises. (The Provincial Department of Finance takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Implement taxation related taxation policies to promote the healthy development of the industry. The financial leasing contract signed for the financial leasing business (including financing and sale and leaseback) shall be denominated according to the total amount of rent as stated in the “Loan Contract”. Asset losses incurred by a finance leasing company may be deducted before tax in accordance with relevant regulations. (Provincial State Taxation Bureau, Provincial Taxation Bureau takes the lead, the Provincial Finance Department cooperates)

8. Broaden the financing channels of enterprises

Support financial leasing companies to raise funds through domestic and foreign capital markets. (Shandong Securities Regulatory Bureau takes the lead, the People's Bank of China Jinan Branch, the Provincial Finance Office, the Provincial Department of Commerce cooperate)

Encourage all types of financial institutions to increase their support and inclination to financial leasing companies, and provide financing products for the characteristics of leasing projects. Guide financial leasing companies to increase the source of medium and long-term funds, and support financial leasing companies to use the methods of listing, issuing bonds, trusts, funds, internal insurance loans and asset securitization. Encourage eligible financial leasing companies to concurrently engage in commercial factoring business related to their main business. Support the financing lease company's accounts receivable financing, optimize the asset structure of the financial leasing company, and expand the leasing scale. (People's Bank Jinan Branch, Provincial Financial Office, Provincial Development and Reform Commission, Shandong Securities Regulatory Bureau, Shandong Insurance Regulatory Bureau, Shandong Banking Regulatory Bureau)

Encourage financial leasing companies to be listed through the national SME share transfer system and regional equity market. (Shandong Securities Regulatory Bureau takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Encourage insurance institutions to cooperate with banking institutions to carry out policy financing business under credit insurance and broaden financing channels for financial leasing companies. (Shandong Insurance Regulatory Bureau takes the lead, Provincial Financial Office, People's Bank of China Jinan Branch, Shandong Banking Supervision Bureau, Provincial Department of Commerce)

9. Optimize government services

All levels and departments should further transform their functions, improve efficiency, and provide quality and convenient services for the development of financial leasing companies. The implementation of the investment financing leasing company to establish a time-limited settlement system, foreign-invested financial leasing companies, in line with the conditions for establishment, the provincial-level industry authorities to complete the examination and approval within 5 working days; for the establishment of domestic-funded pilot financial leasing companies, after the trial meets the conditions The provincial department in charge of the industry shall report to the Ministry of Commerce within 5 working days. (Promotion by the Provincial Department of Commerce, the Provincial Administration for Industry and Commerce)

Strengthen the registration and management of the ownership of financial leases, and handle the registration change procedures for financial leases in a timely manner. (Provincial Industry and Commerce Bureau takes the lead, the Provincial Department of Commerce cooperates)

The Ministry of Commerce “National Financial Leasing Company Management Information System” and the “People's Bank of China Credit Information Financing Registration System” will be used to strengthen the registration management of financial leasing, pledge of accounts receivable and transfer. When conducting a business, a financial leasing company must log in to the relevant information system to register relevant information in a timely manner, and timely check the ownership status of the relevant subject matter when conducting business such as asset mortgage, pledge and transfer. (Provincial Department of Commerce, People's Bank of China Jinan Branch takes the lead)

Where the import lease involves the management of quotas, permits, automatic import licenses, etc., the leaser has no relevant quotas, licenses, and automatic import licenses, and no additional qualification requirements for the finance lease company are proposed. (Qingdao Customs, Jinan Customs take the lead, the Provincial Department of Commerce cooperates)

For the financial leasing companies that apply for the medical equipment equipment leasing business, the requirements for the area of ​​the business premises and the establishment of warehouses shall be abolished, and the qualifications, professionalism and work experience of the employees shall be relaxed. (Leadership by the Provincial Food and Drug Administration)

Except as otherwise provided by laws and regulations, the lessee obtains the same treatment when the equipment is purchased by the financial leasing method and the equipment purchased by itself. Standardize motor vehicle transactions and registration management, simplify the transaction registration process, and facilitate the parties to finance leasing to handle business. (Provincial Department of the Department takes the lead, the relevant departments of the province cooperate)

X. Strengthen post-event supervision and risk prevention

Establish an inter-departmental work communication and coordination mechanism to strengthen information sharing and regulatory collaboration. Strengthen the supervision and inspection of the information reporting of financial leasing companies to ensure that the information is accurate and complete. Improve the statistical system of the financial leasing industry, and establish an abnormal directory and blacklist system for information submitted by enterprises. Strengthen risk monitoring, analysis and early warning, strengthen the supervision of key links and financial leasing companies to absorb deposits, issue loans and other violations of laws and regulations, and promptly request rectification or punishment for illegal and illegal financial leasing companies. Guide financial leasing companies to strengthen the internal management system, establish a sound internal risk control system, form a good risk asset classification management system, lessee credit evaluation system, after-the-fact recovery and disposal system and risk early warning mechanism, enhance asset management capabilities, and strictly control Business risk. In accordance with relevant regulations, the financial leasing company will be guided to access the People's Bank of China corporate credit information system, and guide enterprises to submit relevant information to customers to prevent transaction risks. (Leader of the Provincial Department of Commerce)

All localities and relevant departments must fully understand the importance of accelerating the development of the financial leasing industry, strengthen organizational leadership, establish and improve working mechanisms, strengthen departmental coordination and linkage, and jointly promote the healthy and orderly development of the financial leasing industry. It is necessary to actively build a platform for integration of industry and finance, and guide financial leasing companies to continuously expand their business scope and enhance their ability to serve the real economy. It is necessary to refine policy measures and ensure that all work is implemented. The Provincial Department of Commerce shall earnestly fulfill the responsibilities of the competent departments of the financial leasing industry, strengthen the management of the industry, and conduct follow-up analysis and supervision and guidance on the implementation of this opinion with relevant departments, and report major issues to the provincial government in a timely manner.

General Office of Shandong Provincial People's Government

February 19, 2016 

Summary:

Municipal governments of various cities, people's governments of counties (cities, districts), various departments of the provincial government, all directly affiliated institutions, major enterprises, and institutions of higher learning:

In recent years, the province's financial leasing industry has developed rapidly. However, compared with developed provinces and cities, the overall scale is still small, the market penetration rate is low, the financing model is lagging behind, and the number of professionals is lacking. In order to speed up the development of the financial leasing industry in our province, give play to its role in promoting scientific and technological innovation, broadening the financing channels for small and medium-sized enterprises, promoting the development of emerging industries, and promoting industrial upgrading and structural adjustment, according to the “Guidelines for Accelerating the Development of Financial Leasing Industry by the General Office of the State Council” "The spirit of the State Council [2015] No. 68), with the consent of the provincial government, the following implementation opinions are proposed:

First, mobilize the enthusiasm of various market players

Encourage and guide all kinds of social capital to enter the province's financial leasing industry, and support large enterprises with advantageous industrial backgrounds to invest in setting up professional financial leasing companies. Guide equity investment funds, insurance funds to invest in financial leasing assets. Support existing financial leasing companies to become bigger and stronger through capital increase and share expansion, mergers and acquisitions, etc. Support financial leasing companies to set up special project companies and branches in the province. (The Provincial Department of Commerce takes the lead, the Provincial Department of Finance, the Provincial Administration for Industry and Commerce, and the Provincial Tax Bureau)

Second, vigorously promote the use of foreign capital

The financial leasing industry will be the focus of foreign investment in the modern service industry in the coming period, and special investment promotion activities will be organized at home and abroad. The United States, Germany, Japan, Hong Kong, and Singapore will be the key areas for attracting foreign investment in the financial leasing industry. With the platforms and mechanisms of Hong Kong Shandong Week and Singapore-Shandong Economic and Trade Council, targeted investment in key regions will be implemented. Attracting multinational companies to invest in setting up financial leasing companies to carry out leasing business for large equipment, medical equipment and transportation. Support qualified financial leasing companies to graft foreign capital and obtain low-cost funds from abroad. Strengthen cooperation with overseas financial institutions, make full use of creditor's rights, equity from overseas financing, and innovative use of foreign capital. (The Provincial Department of Commerce takes the lead, the People's Bank of China Jinan Branch cooperates)

Third, promote deep integration with key industries

Support the combination of financial leasing industry and equipment manufacturing industry, and expand financial leasing services such as large-scale manufacturing equipment, construction equipment, transportation tools and production equipment. Support financial leasing companies and high-tech industries to focus on the development of new materials, new energy, energy conservation and environmental protection, biological and new generation information technology and other strategic emerging industries financial leasing services. Support financial leasing companies to carry out aircraft and ship leasing business, and actively develop domestic civil aviation equipment, marine engineering equipment and high-tech ships, major scientific research equipment, inspection and testing equipment, new cultural and creative industries and media equipment leasing business. (The Provincial Economic and Information Technology Commission takes the lead, the Provincial Science and Technology Department and the Provincial Department of Transportation cooperate)

Support the combination of financial leasing industry and modern agriculture, and expand the rental market of agricultural machinery equipment such as large and medium-sized tractors and multi-purpose combine harvesters. (Provincial Agricultural Machinery Bureau takes the lead, the Provincial Department of Commerce cooperates)

Financial leasing companies are encouraged to participate in urban public utilities such as urban sewage treatment, environmental management, buses, taxis, public bicycles, gas, thermal equipment, underground pipe corridors, sponge cities, and urban lighting. (Provincial Housing and Urban-Rural Development Office takes the lead, the Provincial Economic and Information Technology Commission cooperates)

Encourage the establishment of financial leasing companies that serve small and medium-sized enterprises, and promote cooperation with science parks, technology business incubators, and SME public service platforms to broaden the financing channels for small and medium-sized enterprises and individual entrepreneurs. (Leadership of the Provincial Economic and Information Technology Commission)

Fourth, expand the financial leasing international market

Encourage financial leasing companies to actively participate in the national “Belt and Road” strategy and develop financial leasing markets along the countries and regions along the route. Encourage our province's construction machinery, electric power, offshore engineering equipment and other large-scale complete equipment manufacturing enterprises to cooperate with financial leasing companies to develop international markets through financial leasing. Guided the provincial financial leasing company to strengthen cooperation with overseas construction enterprises and overseas engineering contracting enterprises, participate in the construction of multinational infrastructure projects and foreign aid projects, and expand the construction equipment leasing market. (The Provincial Department of Commerce takes the lead, the Provincial Economic and Information Technology Commission cooperates)

V. Encourage the innovation and development of financial leasing companies

Support financial leasing companies to introduce advanced foreign concepts and management experience, innovate business models, take the road of specialization, specialization and differentiation, and form comparative advantages in specific fields. Support financial leasing companies to strengthen cooperation through transfer leasing, joint leasing, etc., to improve the management and operation capacity of the financial leasing industry chain. Promote financial leasing companies to cooperate with banks, insurance, trusts, funds and other financial institutions to innovate business models. Accelerate the development of integration with the Internet, relying on existing platforms such as Shandong Financial Assets Trading Center, integrate multi-party resources, and provide trading services for financing lease debts and assets. Explore the combination of financial leasing and government and social capital cooperation (PPP) financing models to broaden the business area. Guide financial leasing companies to continuously optimize product mix, transaction structure, rent arrangement, risk prevention and control design, and improve service level and enterprise competitiveness. (Promotion by the Provincial Department of Commerce, Provincial Finance Department, People's Bank of China Jinan Branch, Shandong Insurance Regulatory Bureau)

6. Strengthen policy business training and talent introduction

Establish a financial leasing industry development steering committee and expert database to provide intellectual support for industry planning, business innovation, and talent development. Encourage qualified institutions of higher learning to set up finance and leasing-related majors, conduct short-term senior management personnel training, and cultivate various types of talents in the financial leasing industry such as law, taxation, marketing, risk control, finance, and management. (Leader of the Provincial Department of Education)

Increase the introduction of high-level talents in financial leasing. For high-level talents introduced by financial leasing companies, if they meet the requirements, they can enjoy the provincial talent introduction policy. (Provincial Human Resources and Social Security Agency takes the lead)

Give full play to the role of industry associations, encourage associations and foreign similar intermediary organizations to explore the establishment of industry collaboration alliances to provide professional and international services. The Association supports professional forums, talent training, level testing, experience promotion, business exchanges and other activities to enhance the industry's development level. Strengthen the concept of financial leasing and the promotion of knowledge, and improve the social influence and recognition of the financial leasing industry. (Leader of the Provincial Department of Commerce)

Seventh, increase fiscal tax policy support

Give full play to the role of provincial-level equity investment guidance funds, and guide social capital to support the accelerated development of the financial leasing industry. Increase government procurement services and encourage governments at all levels to purchase financial leasing services in providing public services and promoting infrastructure construction and operations. The actual users who obtain agricultural machinery through financial leasing can enjoy the subsidy for agricultural machinery purchase. Encourage local innovation policy support methods, explore policy tools such as compensation, incentives, and interest subsidies, and guide financial leasing companies to increase financing support for small and micro enterprises. (The Provincial Department of Finance takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Implement taxation related taxation policies to promote the healthy development of the industry. The financial leasing contract signed for the financial leasing business (including financing and sale and leaseback) shall be denominated according to the total amount of rent as stated in the “Loan Contract”. Asset losses incurred by a finance leasing company may be deducted before tax in accordance with relevant regulations. (Provincial State Taxation Bureau, Provincial Taxation Bureau takes the lead, the Provincial Finance Department cooperates)

8. Broaden the financing channels of enterprises

Support financial leasing companies to raise funds through domestic and foreign capital markets. (Shandong Securities Regulatory Bureau takes the lead, the People's Bank of China Jinan Branch, the Provincial Finance Office, the Provincial Department of Commerce cooperate)

Encourage all types of financial institutions to increase their support and inclination to financial leasing companies, and provide financing products for the characteristics of leasing projects. Guide financial leasing companies to increase the source of medium and long-term funds, and support financial leasing companies to use the methods of listing, issuing bonds, trusts, funds, internal insurance loans and asset securitization. Encourage eligible financial leasing companies to concurrently engage in commercial factoring business related to their main business. Support the financing lease company's accounts receivable financing, optimize the asset structure of the financial leasing company, and expand the leasing scale. (People's Bank Jinan Branch, Provincial Financial Office, Provincial Development and Reform Commission, Shandong Securities Regulatory Bureau, Shandong Insurance Regulatory Bureau, Shandong Banking Regulatory Bureau)

Encourage financial leasing companies to be listed through the national SME share transfer system and regional equity market. (Shandong Securities Regulatory Bureau takes the lead, the Provincial Financial Office and the Provincial Department of Commerce cooperate)

Encourage insurance institutions to cooperate with banking institutions to carry out policy financing business under credit insurance and broaden financing channels for financial leasing companies. (Shandong Insurance Regulatory Bureau takes the lead, Provincial Financial Office, People's Bank of China Jinan Branch, Shandong Banking Supervision Bureau, Provincial Department of Commerce)

9. Optimize government services

All levels and departments should further transform their functions, improve efficiency, and provide quality and convenient services for the development of financial leasing companies. The implementation of the investment financing leasing company to establish a time-limited settlement system, foreign-invested financial leasing companies, in line with the conditions for establishment, the provincial-level industry authorities to complete the examination and approval within 5 working days; for the establishment of domestic-funded pilot financial leasing companies, after the trial meets the conditions The provincial department in charge of the industry shall report to the Ministry of Commerce within 5 working days. (Promotion by the Provincial Department of Commerce, the Provincial Administration for Industry and Commerce)

Strengthen the registration and management of the ownership of financial leases, and handle the registration change procedures for financial leases in a timely manner. (Provincial Industry and Commerce Bureau takes the lead, the Provincial Department of Commerce cooperates)

The Ministry of Commerce “National Financial Leasing Company Management Information System” and the “People's Bank of China Credit Information Financing Registration System” will be used to strengthen the registration management of financial leasing, pledge of accounts receivable and transfer. When conducting a business, a financial leasing company must log in to the relevant information system to register relevant information in a timely manner, and timely check the ownership status of the relevant subject matter when conducting business such as asset mortgage, pledge and transfer. (Provincial Department of Commerce, People's Bank of China Jinan Branch takes the lead)

Where the import lease involves the management of quotas, permits, automatic import licenses, etc., the leaser has no relevant quotas, licenses, and automatic import licenses, and no additional qualification requirements for the finance lease company are proposed. (Qingdao Customs, Jinan Customs take the lead, the Provincial Department of Commerce cooperates)

For the financial leasing companies that apply for the medical equipment equipment leasing business, the requirements for the area of ​​the business premises and the establishment of warehouses shall be abolished, and the qualifications, professionalism and work experience of the employees shall be relaxed. (Leadership by the Provincial Food and Drug Administration)

Except as otherwise provided by laws and regulations, the lessee obtains the same treatment when the equipment is purchased by the financial leasing method and the equipment purchased by itself. Standardize motor vehicle transactions and registration management, simplify the transaction registration process, and facilitate the parties to finance leasing to handle business. (Provincial Department of the Department takes the lead, the relevant departments of the province cooperate)

X. Strengthen post-event supervision and risk prevention

Establish an inter-departmental work communication and coordination mechanism to strengthen information sharing and regulatory collaboration. Strengthen the supervision and inspection of the information reporting of financial leasing companies to ensure that the information is accurate and complete. Improve the statistical system of the financial leasing industry, and establish an abnormal directory and blacklist system for information submitted by enterprises. Strengthen risk monitoring, analysis and early warning, strengthen the supervision of key links and financial leasing companies to absorb deposits, issue loans and other violations of laws and regulations, and promptly request rectification or punishment for illegal and illegal financial leasing companies. Guide financial leasing companies to strengthen the internal management system, establish a sound internal risk control system, form a good risk asset classification management system, lessee credit evaluation system, after-the-fact recovery and disposal system and risk early warning mechanism, enhance asset management capabilities, and strictly control Business risk. In accordance with relevant regulations, the financial leasing company will be guided to access the People's Bank of China corporate credit information system, and guide enterprises to submit relevant information to customers to prevent transaction risks. (Leader of the Provincial Department of Commerce)

All localities and relevant departments must fully understand the importance of accelerating the development of the financial leasing industry, strengthen organizational leadership, establish and improve working mechanisms, strengthen departmental coordination and linkage, and jointly promote the healthy and orderly development of the financial leasing industry. It is necessary to actively build a platform for integration of industry and finance, and guide financial leasing companies to continuously expand their business scope and enhance their ability to serve the real economy. It is necessary to refine policy measures and ensure that all work is implemented. The Provincial Department of Commerce shall earnestly fulfill the responsibilities of the competent departments of the financial leasing industry, strengthen the management of the industry, and conduct follow-up analysis and supervision and guidance on the implementation of this opinion with relevant departments, and report major issues to the provincial government in a timely manner.

General Office of Shandong Provincial People's Government

February 19, 2016