The Finance Structure Of Township And Village Enterprises' Analysis And Consideration In China

Township and village enterprises(TVEs) have been experienced many years since 2050s and have been hold an absolute important status. At the same time, history puts the heavy task about increasing the income of peasants and constructing small town etc. on township and village enterprises. But recently, with the marketing economics establishing in china and entrance to WTO, drastic competition puts township and village enterprises into a particular plight. One is lack of the capital. That is to say, the problem of capital has been the obstacle that restricts the township and village enterprises developing and getting rid of this plight. Nowdays,Township and village enterprises keep maintaining high proportional debt work. Though township and village enterprises give birth into rights and interests finance, their self-accumulation and self-development keep still weak. Foundation stone lies in: Fist, the system of state finance supports state-owned enterprises(SOEs)and state-owned enterprises depend on this support. That make township and village enterprises unavailable support from the system of state finance; Second, Township and village enterprises come into being the isolation environment between the town and country, many of them far away big cities. And many of them are very small in scales. The asymmetry information between Township and village enterprises and bank shows very serious. And the positivism that the state bank provides a loan to middle and small enterprises is very low. Then the paper analyses the obstacle that leads to today's situation and the low-speed of township and village enterprises development, and the asymmetry information between the state bank and township and village enterprises. Then it brings forward a series of resolution and consideration points on systematization bringing into effect. Include: ●Deepening finance system reform and opening up the finance roads of township and village enterprises. Include at length: quickening the reform and development of the state bank; accelerating multiplayer capital market and cultivating district stock exchange market is a main direction that township and village enterprises make use of capital market; accelerating the reform and innovation on country credit union and country cooperation finance; promoting seriously the reform and development finance in country; accelerating the structure of the township and village enterprises credit bond and so on.●Strengthening the self-construction of own enterprises and improving the abilityof finance. Include at length: accelerating the reform of property perfectly and deeply of township and village enterprises; moderately developing capital management; changing the way of economy increasing; strengthening the interior management and so on. On the basis of it, this paper reviews dynamic and particular analyses the capital resources and financial structure on township and village enterprises. Then it puts forward a series of resolution.