Guangdong: Improving development support policies for financial leasing.

The People's Government of Guangdong Province issued a notice on the implementation plan for promoting the capacity expansion and quality improvement of the service industry in Guangdong Province. It mentioned the need to improve support policies for the development of financial leasing, enhance the capital strength of leasing enterprises in the province through multiple channels, vigorously develop financing leasing businesses such as airplanes, ships, professional equipment, and computing power, and explore the development of cross-border financing leasing businesses in cooperation with Hong Kong and Macau. Deepen cooperation with the National Guaranty Fund, play the leading role of the provincial re-guarantee company, lead local governments to optimize the cooperation and risk-sharing mechanisms between government, banks, and guarantors, focus on key areas such as technological innovation, small and micro enterprises, and innovation and entrepreneurship, and improve the accessibility of financing. Continuously enhance the effectiveness of local financial supervision, regulate the overall industry order of local financial organizations, improve the ability to serve the real economy, and promote the rapid exit of local financial organizations that are disconnected or empty shells from the market.