Yes, the previous ones were all approved by the Ministry of Commerce, but now they are decentralized! Pure foreign capital and Sino-foreign joint venture financial leasing companies are all filing certificates issued by local commercial committees. Pure domestic financial leasing is still approved by the Ministry of Commerce, and gold leasing is approved by the China Banking Regulatory Commission and the State Administration of Taxation. As for the role, some areas have been included in local financial offices, such as Shandong. Most areas are currently in a transitional period, and the specific financial office and the China Banking Regulatory Commission have not yet come up with relevant clear policies.