Policy Research Of Resolving The Financing Difficulties Of MSE

This thesis mainly expatiate on the methods to solve financing difficulties of the MSE in China from the point of view of credit policies reform by local government, analyzing the situation of financing and crediting policies, and discussing internal and external reasons of financing difficulties through public financial theory and compare to international situation.Since reform and openness, MES came to the fore, which are becoming one of the most important strength to impulse our economic growth and playing more and more important role in national economic. Currently there are more than 99% MES in enterprises all over the country, which created value of products and servers is about 60% in GDP, turned in tax 50% of total amount, offered over 75% employment. But in recent years, our MES are in the bottle-neck of financing difficulties, the loaned fund they got was unsuitable to what they contributed. Development of MES is kept with limits and blocked severely, which is no good to growth of economic and living standard. This thesis has great social meaning and value of practice to bring forward reform proposals of financing difficulties of MES from the point of view of credit policy by analyzing their situation and reasons.The thesis combined financing characteristics, resource and means of MSE, found out conflicts in credit policy and difficulties that MSE faced now, analyzed internal and external reasons based on public financial theory, which points out that MSE have less credit themselves so that they can't get outside financial support. And they also have limited capable of inside financing, which is mainly internal reason of financing difficulties. The external reason is that there's short of protection of credit system, loaning and government policy influence.The credit policy reform proposals to solve Chinese MSE financing difficulties are put forward in the last chapter by comparing with the current MES credit policy of Japan, the United States and other developed countries. There are some reform proposals, first, to strengthen protection of credit rights. Second, establish multiple legal policies to support development of MSE. Third, establish multiple systems of bank finance. Fourth, establish multiple marketing. Fifth, set up professional investing firms. Sixth, replenish principle of the guarantee and set up multiple policies of risk recompense. Seventh, support measure of MSE.The long-existed problem will be solved easily by these proposals so that MSE will play better role in national economic development.