The Research On Credit Financing For Small And Medium-size Enterprises In China

The reform developing more than30years, the GDP of Chinese growing at a double-digitrate every year, which changes our poverty and backwardness appearance, the status and influenceof our country in the world has greatly improved. The small and medium-sized enterprises play animportant role and have a special status that the big enterprise cannot substitute. At present, ourcountry is in the key period of transition and promoting, trying to develop the small andmedium-sized enterprises is a best way to promote the rapid and stable economic growth, realizeimproving the people’s living standards.In our country, the labor is rich and the capital is poor, the plight and restricting which thesmall and medium-sized enterprises process in the development arouse great attention of ourgovernment. The financing difficult is a serious problem that appears so complicated in chinabecause of our ill market mechanism, unbalanced market system, poor laws and regulationssystem, and so on factors. Credit financing occupies very important position in so many channelsof the small and medium-sized enterprise financing, so researching the credit finance of the smalland medium-sized enterprise is significance no matter in theory and practice.This article embarks from the limiting of the small and medium-sized enterprises, firstly, itelaborates the outstanding contribution of the small and medium-sized enterprises in our economicdevelopment, summarizes the feature of the credit financing in recent years, analysis the bankcredit financing availability, and then draws out the situation of the shortage of the creditfinancing policy executive power, the big credit financing gap and excessive dependence on the collateral. Secondly, it points out our unreasonable policy arrangement in the credit market, theinsufficient supply of policy financial system for the small and medium-sized enterprises, thesystem problem left for long period which restrict the small and medium-sized enterprises getloans from bank. Then it explains the problem that the small and medium-sized enterprises financedifficult from the economics policy, next, compares different financial institution in developedcountries on supporting the small and medium-sized enterprises, sum up the experiences, putforward a bold idea that establish policy bank special service for small and medium-sizedenterprises by means of reorganizing the exist credit cooperative in both urban and rural areas.Finally, it selectively put forward the rationalization proposals for optimizing the credit financingenvironment, easing the difficult of credit financing.