The branches of the state administration of foreign exchange in provinces, autonomous regions and municipalities directly under the central government, the administration of foreign exchange in shenzhen, dalian, Qingdao, xiamen and ningbo, and the chinese-funded Banks:
Pilot experience in order to further promote the reform of the free trade area of the copy, real service entity economy development, according to the law of the People's Republic of China on foreign exchange control regulations "(state council order no. 532, 2008), the ministry of commerce, the ministry of transport administration for industry and commerce regarding examination, inspection and quarantine of the free trade area of the third batch of pilot reform experience copy promotion letter (for letter [2017] no. 515) and other relevant laws and regulations, foreign exchange management related issues notice regarding the financing lease business is as follows:
The financial leasing companies mentioned in this circular include financial leasing companies approved by the banking supervision department, foreign-funded financial leasing companies approved by the competent commercial authorities, and chinese-funded financial leasing companies jointly confirmed by the ministry of commerce and the state administration of taxation.
2. Financial leasing companies, when dealing with financial leasing business, may collect rent in foreign currency in China if more than 50% of the funds used to purchase lease items come from domestic foreign exchange loans or foreign currency foreign debts.
Iii. Under the financial leasing business meeting the above-mentioned conditions, the lessee may go to the bank to handle the foreign exchange purchase and payment procedures for the lessor of the financial leasing company:
(1) a rent payment notice in foreign currency issued by the lessor;
(2) documents that can prove that "more than 50% of the funds used to purchase the lease item come from domestic foreign exchange loans or foreign currency foreign debts" of the lessor;
(3) other authenticity certification materials required by the bank.
4. Foreign currency rental income collected by financial leasing companies may be entered into their foreign exchange accounts opened in Banks in accordance with regulations; If the amount exceeds the amount needed to repay the foreign currency debts, the foreign exchange may be settled directly at the bank.
This notice shall take effect as of the date of promulgation. In case of any discrepancy between the previous provisions and this notice, this notice shall prevail. Please forward this notice to the central branch offices, branch offices and Banks within its jurisdiction as soon as possible. The Chinese Banks shall forward this notice to their branches as soon as possible. In case of any problem during the implementation, please timely feedback to the capital account management department of the state administration of foreign exchange.
We hereby inform you.

                               State administration of foreign exchange
                                               October 2, 2017