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Business / Markets

Chinese financial leasing firms eye bigger pie

By Cai Xiao (chinadaily) Updated: 2014-05-15 16:40

Chinese financial leasing companies will provide more types of services and have diversified source of income, said chairman of Ever Grand International Financial Leasing Co Ltd on Thursday.

Qiao Weibing said large-scale financial leasing companies with industrial or financial capabilities will offer clients comprehensive services of leasing, factoring, and trade financing.

They will not only rely on lending business, but undertake more supporting responsibilities and their income source can be diversified.

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