Amid the national push to boost automobile consumption, promote green transportation systems, and implement the “trade-in” policy, China’s automotive market is entering a phase of structural growth. China Development Bank Financial Leasing Co., Ltd. (CDB Leasing) has actively responded to national initiatives by making its vehicle leasing business a key driver to deepen its strategic presence in the inclusive finance sector. Adhering to the principle of “Finance for the People,” the Company has centered its business on direct vehicle leasing while expanding into segments such as business and travel rentals, ride-hailing, and test-drive services.To date, CDB Leasing has supplied over 110,000 leased vehicles. By building a highly coordinating partnership ecosystem, it has effectively reduced travel costs for the public, enhanced people’s sense of well-being, and demonstrated in practice the essence of “people’s finance.”
Deepening Presence in Vehicle Leasing and Upholding the Mission of Inclusive Finance
Vehicles serve as both a vital enabler of public transportation and consumption upgrades and a critical sector for inclusive finance to serve the real economy and connect with people’s daily lives. Aligning closely with policy guidance and market opportunities, CDB Leasing has actively implemented the guidance issued by the National Financial Regulatory Administration (NFRA)on “increasing the share of direct leasing business and supporting consumption recovery.” Through strategic partnerships with vehicle OEMs and leading operation platforms, the Company has fully leveraged the dual strengths of financial leasing—namely, financing and leasing concurrently—to deliver flexible, efficient, and accessible vehicle financial solutions to its customers. These services effectively ease the financial burden of vehicle acquisition, helping a broader range of users achieve “vehicle access freedom.”
Lowering Vehicle Costs and Improving Public Well-being
The true significance of inclusive finance lies in enabling broader access to convenient, affordable, and high-quality financial services. In the short-term rental sector, CDB Leasing offers platform companies a wide range of vehicles through tailored financial solutions, enabling end-users to drive diverse vehicles without the burden of high ownership costs, thereby significantly stimulating travel and business-related consumption. In the ride-hailing segment, the Company supports drivers with vehicle financing solutions that foster stable employment and higher income, while offering passengers more economical and secure mobility options. Through its “test drive” programs developed in cooperation with dealer groups, CDB Leasing allows consumers to experience new vehicle performance at low cost, speeding up the trade-in process and indirectly boosting automotive consumption upgrades. By delivering diversified financial services, CDB Leasing has improved people’s travel experience and quality of life, demonstrating the profound value of inclusive finance in serving the real economy.
Integrating Industry and Finance to Write a New Chapter in Inclusive Finance
Vehicle leasing represents not merely an expansion of service scenarios but also a tangible expression of inclusive finance and the commitment to public service. By leveraging financial instruments to empower the automotive industrial chain, CDB Leasing helps partner enterprises enhance asset liquidity and management efficiency, while enabling end-users to access quality mobility services at lower costs and with greater flexibility. This approach significantly improves people’s access to and satisfaction with quality transportation, truly realizing the vision of “Finance Empowers Life.”
Looking forward, CDB Leasing will remain committed to its founding mission of “Finance for the People.” By continuously refining product design, deepening ecosystem collaboration, and expanding service scenarios, it will further strengthen the tangible benefits of inclusive finance in the vehicle leasing sector, thereby contributing greater financial strength to boosting auto consumption and meeting public mobility needs.
