Financial Leasing Industry Assets Exceed RMB 5.2 Trillion; Direct Leasing and Tech Leasing Emerge as Growth

The China Banking Association's Financial Leasing Industry Development Report (2026) shows that as of end-2025, there were 64 financial leasing companies nationwide, with total industry assets reaching RMB 5.23 trillion, up 7.89% year on year. The industry's non-performing financing lease asset ratio stood at 0.91%, a steady decline from the previous year, indicating continued improvement in overall risk resilience. The report noted that the financial leasing industry's asset base is expanding steadily, risk control systems are being further refined, and operational stability has strengthened.

Guided by regulatory policies, the financial leasing industry has oriented its business around core needs such as equipment renewal and the transformation and upgrading of the manufacturing sector, leading to rapid growth in direct leasing. As of end-2025, the industry's direct leasing asset balance reached RMB 1.84 trillion, up 21.05% year on year, accounting for 39.74% of total leasing assets. Operating leasing also maintained steady growth, with the balance reaching RMB 1.07 trillion at year-end, up 10.25% year on year; full-year placements totaled RMB 238.25 billion, up 11.46%. The industry continues to consolidate its traditional strengths in aviation, shipping, and large equipment, while accelerating the transition to an asset full-lifecycle operation and service model.

The financial leasing industry has also actively aligned with the strategy for developing new quality productive forces, laying out emerging tracks in the science and innovation sector. As of end-2025, the balance of computing power leasing assets was RMB 97.262 billion, up 109.89% year on year; new energy storage leasing assets reached RMB 56.732 billion, up 154.66% year on year. In addition, the industry is continuously expanding leasing application scenarios in emerging industries such as commercial aerospace and the low-altitude economy, with science and innovation leasing becoming a core incremental driver for the sector.