The Study On The Trade Financing Mode Innovation Of Small And Medium-Sized Foreign Trade Enterprises Of Heilongjiang Province

Along with the expansion of foreign trade in Heilongjiang province, small and medium-sized foreign trade enterprises play more important role in the development of foreign trade, and their demand for capital grows with each passing day, so that their demand for trade financing has keep rising and increasingly diversified. However, compared with that in the developed coastal cities, there is still a long way to go for trade financing in Heilongjiang province. Not understanding the trade financing by banks and enterprises, lack of ability of risk control of banks and the imperfect credit system of small and middle-sized foreign trade enterprises have made the banks prefer to provide trade financing to the large foreign trade enterprises. Small and medium-sized foreign trade enterprises are difficult to obtain trade financing, which has seriously hindered the development of enterprises.This paper, based on the analysis of development course of the trade financing mode of small and medium-sized foreign trade enterprises in Heilongjiang province, has analyzed the problems, the causes of trade financing of small and middle-sized enterprises in Heilongjiang province and proposed the necessity and actual condition of innovating the trade financing mode of small and middle-sized foreign trade enterprises in Heilongjiang province. And demonstrated the financial difficulties of trade financing by using the binary logistic regression model. Then, this paper, according to the present situation and the developmental tendency of trade financing of small and middle-sized foreign trade enterprises in Heilongjiang province, learning the successful experience from the developed countries, has reformed and innovated the original approach to the trade financing of small medium-sized foreign trade enterprises in Heilongjiang province and proposed the innovation mode of trade financing of small medium-sized foreign trade enterprises in Heilongjiang province:"combine the macro-policy of government with improving financing environment, the business operation of bank with market positioning, the initiating action of enterprises with self-improvement, by the associated effort among the government, banks and enterprises", which has focused on the general aim and approach to the mode innovation and emphasized that in order to change the situation, the co-efforts of the government, banks and enterprises are needed. Banks have to change ideology, innovate financial product and improve the ability to guard against the risks. Small and middle-sized foreign trade enterprises have to realize the importance of trade financing, choose the suitable trade financing pattern to save the financing cost. And the government should strengthen the financial reform and enact the financial rules and regulations to offer easy conditions of macro polices and a good credit environment for the cooperation between banks and enterprises, so that the problems of trade financing of small and medium-sized foreign trade enterprises could be eliminated from the root. That will realize the diversification, maximum effects of financing of enterprises and banks and comprehensively promote the rapid development of economy and trade of Heilongjiang province.