Study On Financing Difficulties And Countermeasures Of Shanghai SMEs

Shanghai SME is playing a very important role in bringing about a prosperous economy, promoting and innovating, urging the manufacturing etc. Especially today, the employment problem is more and more serious; they are the important strength of promoting the development of economics and society. However, the lack of market support systems and inadequate supply system of government, the weak financing channels, also at the impact of the global financial crisis, the financing problem of Shanghai SME has become the most difficult problem in the process of enterprises survival and development. How to Shanghai in the process of SME development "funds bottleneck" has become an important topic today.This paper proceeds with traditional financing theory, with a large number of documents and data analysis and processing, and systematic analysis the financing current situation and producing the reason of the financing difficulty question of Shanghai SME. From internal factors, its reasons for the lack of endogenous financing; of adaptability to changes in the market is not strong, weak competitiveness of products on the market volatility risk tolerance of difference; the overall quality of small and medium-sized; small and medium-sized management level low; enterprise financial systems; small and medium-sized serious credibility issues. External factors include: the lack of complete support for SME development policy system; financing channels for small and medium-sized narrow channels of direct financing is not smooth; can not make small and medium-sized banks to provide financing services; security systems; not yet ripe for the venture capital market in line with the market economy act mechanism has been the establishment of venture capital and so on. For these reasons, the proposed financing difficulties for SMEs in Shanghai measures, including macroeconomic policies and institution building, improve the internal construction of small and medium enterprises, banks and capital market financing channels, such as construction; requirements for SMEs in Shanghai at the same time improve their own quality, greatly strengthen the financial institutions to support private small and medium enterprises, improve the capital market and broaden direct financing channels. Through study on the financing difficulties of SMEs and research solutions for Shanghai SMEs, this paper provides realistic preliminary theoretical foundation and operation meaning for SME. Financing policies to promote small and medium enterprises in Shanghai will help to solve the funding in the development of the "bottleneck" problem, to enhance the survival and development of small and medium-sized capacity, in order to achieve further sustainable development of small and medium enterprises in Shanghai to play in the national economy an important role.