For a long time, the existing machinery and equipment at the construction site belong to the construction enterprise and serve the construction of the enterprise for the purpose, resulting in a low utilization rate of the mechanical equipment and a poor investment effect. At the same time, the machinery and equipment purchased by enterprises are almost similar, and repeated investment is serious, causing a serious backlog of social assets. The severe deterioration of mechanical equipment, the large amount of idle equipment has become a heavy burden on construction enterprises, which has limited the development and progress of mechanical equipment. After the establishment of the socialist market economy system, the investment benefits of equipment must be emphasized. To socialize construction machinery, a social equipment leasing market for machinery and equipment must be established as soon as possible, in order to revitalize the fixed assets of machinery and equipment, reflect the investment effect, increase the utilization rate of machinery and equipment, and achieve the purpose of machinery replacement. Establishing a social equipment leasing market for machinery and equipment can improve the level of management, use, repair, and maintenance of machinery and equipment, which is conducive to reducing consumption and saving manpower, material and financial resources; it is also conducive to technical training and international exchanges, and to improve their own quality.
 
 
 
  However, due to many factors, the development of the machinery and equipment leasing industry has been severely restricted.
 
 
 
 ⑴The macro management of the leasing industry lacks a unified centralized department.
 
 
 
  At present, the leasing industry is under the management of the Ministry of Foreign Trade and Economic Cooperation, the People's Bank of China, the State Administration of Foreign Exchange, and the State Administration for Industry and Commerce, with decentralized powers and unclear responsibilities, which are prone to friction and shirk, and it is difficult to coordinate and unify policies. The leasing industry management in China has fallen into a nameless "vacuum zone". In contrast, China's leasing industry has not yet had a leasing industry association that has close ties with government authorities and coordinates, guides, communicates and services the business management and information of leasing companies.
 
 
 
 ⑵ Lack of leasing regulations to protect the normal development of the leasing industry, which has left the leasing industry in a "irreliable and unruly" environment for a long time.
 
 
 
  At present, China does not have a comprehensive system of leasing laws designed to protect the legitimate rights and interests of the parties to the lease. It is just that there are some simple provisions in the Economic Contract Law, the General Principles of the Civil Law, the relevant documents of the Ministry of Finance, and the interim measures for financial leasing formulated by professional banks, which are far from meeting the actual needs of the leasing industry. The leasing industry cannot rely on it, the parties to the lease contract do not have a uniform code of conduct, and it is difficult to effectively protect the legitimate rights and interests of the lease contract. In the project bidding and credit review, the legality of the leasing industry has not been protected, which seriously hinders the normal operation and healthy development of the leasing industry in China.
 
 
 
  (3) Lack of fiscal and tax policies to support the development of the leasing industry.
 
 
 
  In order to support the development of leasing business abroad, most have implemented preferential financial and taxation policies. In China, leasing financing has been regarded as a loan for a long time, and it is regarded as a general commercial act in terms of taxation. General banks do not accept mortgage loans and bank credit guarantees in the leasing industry, and the insurance industry does not participate in insurance work in the leasing industry. This has become the leasing market. Obstacles to normal development.
 
 
 
  ⑷ At present, the type of leasing business is relatively simple, which is basically limited to general import financing leases and concurrent physical leases.
 
 
 
  Businesses such as leasebacks and export leasing have barely been carried out in finance leases. In the physical leasing business, leasing and selling services have rarely been carried out. The reasons for the singular lease form are many, including the constraints of the state-owned asset management system, the unmatched seller's credit and credit insurance, the credibility of the leasing medium, and the fear of risks in the state-owned economy. Obviously, manufacturers only sell but do not rent. There is a clear gap between this phenomenon and similar foreign companies. These reasons have restrained the development of diversified forms of leasing in China.
 
 
 
  租金 The rent arrears is very serious, which makes the turnover of the lease company's funds difficult.
 
 
 
  According to relevant data, as of the end of 1994, 17 of the Sino-foreign joint venture leasing companies had been in arrears with rents amounting to US $ 600 million. Huge rent arrears have put the leasing companies into serious operating difficulties. With the establishment and gradual improvement of China's market economy system, I believe that China's leasing industry, as an emerging industry, will certainly be able to shoulder its historical responsibility and continue to grow.