On the perfection of China's Long-term Rental System

Abstract

Since 2015, the central government has made great efforts to promote the policy of "simultaneous rent-purchase". Local governments and financial institutions have strongly supported the long-term rental industry, which has been valued by major investors with considerable profits and good development momentum. But after more than six years of development, the industry is in turmoil. For example, some leasing enterprises withdraw from the market in the form of capital chain fracture, which has brought a lot of negative influence to the whole lessor, lessor and society. In view of the deficiencies in macro management, this paper, from the perspective of policy support, promotes the long-term rental system to play a role in management mode, operation mode, capital management and other aspects. After comparing the existing system, the author puts forward some suggestions to promote the standardized operation of long-term rental market.