Research On Construction And Perfection Of The Credit Guarantee System Of SMEs In China

Small and Medium-Sized Enterprises (SMEs) are a special enterprise group of extremely strategic importance in the development of the economy and the society of all nations all around the world. However, SMEs are small in scale, the overall labor productivity is not high and the level of transparence of the information is low, SMEs are in the inferior position in the heated competitions with the enterprise, which have a especially concentrated reflection in the financing issue. It has become the bottleneck of their own development. As the characteristic of"high position but low potency"of SMEs, many governments in the world have adopted multiple methods to support SMEs. The financing issue is prominent, so the financial supportive policy has become the focus that the governments concentrate on. The topic of this thesis about the establishment of appropriate credit guarantee systems for SMEs is a crucial measure.Based on the theory of credit systems for SMEs as starting point, analysis of SMEs in getting financing and combining with the reality of our nation's credit guarantee business atmosphere, analyses were carried out on what issues exist in our nation's credit guarantee systems for SMEs and how they can be addressed and solved. The construction and perfection of the credit guarantee system for SMEs in China needs several support from systems. The assay puts forward some proposals about the development and consummation of our country's SMEs credit guarantee system, which brings out a reasonable and operational ways to resolve our SMEs financing difficulty. The assay considers that the SMEs credit guarantee system should be constructed in our country which makes the mixed guarantee institution as main part, the commercial and mutual aid guarantee institution as"two wings", keeping watch risks as theme of the operation, multiply business as survive space.