


Regarded as a branch of transport service sector, car rental gains growing popularity among domestic firms, institutions and individual clients, especially widely adopted by foreign-funded enterprises. Instead of purchasing vehicles, companies cut operational costs via car leasing, avoiding expenditures on vehicle insurance, annual inspections and maintenance, alongside flexible vehicle replacement options. Car leasing separates vehicle ownership from usage rights: lessors hold legal ownership of cars while lessees obtain right of use under signed rental contracts. In standard business definition, rental suppliers hand over passenger or cargo vehicles to clients for agreed durations without providing chauffeur service. Its core profit source comes from licensing vehicle usage, covering complete legal paperwork required for legal road operation besides physical automobiles. Lessees take full driving responsibilities during the lease term, which distinguishes car rental from regular taxi...