The Research On The Financing Channel Of The Small And Medium-sized Enterprises In Our Country

With the accelerating of economic globalization process and hotter and hotter the market competition is becoming, Small and Medium-sued Enterprise(SME) has already become the world subject for a long time. The SMEs have made a rapid development in China over the past twenty years after Reform and Opening-up. SMEs have already become one of the important support strengths of the national economy. The vigor of SMEs concerns not only the vigor of the whole economic competition, but also the prosperity and stability of the whole society. Experiences of the countries all over the world indicate that one of the most general and most key restriction factors that SMEs face is the financing problem. At present, our economy is still experiencing the transition period. Most SMEs lack of financing channels, and the available channels aren't smooth. The financing difficulty has become the utmost trouble hindering SMEs' establishment and development. Nowadays our country is facing the huge employment pressure and in eager need of economic structure adjustment. It is unusually important to give energetic support to SMEs, and how to relieve the fund obstacle in the" process of SMEs' development has become a great issue currently the problem.This text sets out from the SME financing research present condition in our country, combining the comparison of the SME' financing structure and the channel in the abroad, analyzing the trouble and supervision our country to develop in the SME of the bottleneck-financing is difficult, counteracting the related financing theories and the information dissymmetry theories, analyzing the reason that it produce, having already put forward understanding to set ground measure definitely, then draw lessons from successful experience of the SME financing in the abroad, from strengthen a government to take charge of, perfect capital market, sound reputation guarantee system and strengthen the SME oneself management etc. aspect, put forward constucting in keeping with our country state of the nation with SME development characteristics of multilayers of financing channel.