NetSol Technologies announced it was recently awarded “First Rate and Best Selling Finance and Leasing Solution Provider” at the annual China Leasing Summit for the third consecutive year.

“We have built a market leading position in China with auto captives, banks and financial organizations since establishing our presence in the country a decade ago. This award reflects that leadership, and acknowledges the hard work of our team and dedication to providing customers with innovative products and superior services,” said Najeeb Ghauri, CEO of NetSol. “With our experience in the market, we are well positioned to benefit as finance and leasing matures in the country.”

NetSol recently issued a white paper, “Development Status and Prospect of Auto Leasing in China,” highlighting factors promoting auto financing in China, including increase in per capita income, infrastructure development, consumer consumption patterns, and policy driven growth, while also providing an overview of the current state and future prospect of the financing and leasing market.