Expand The Financing Channels For Small And Medium-sized Enterprises Of China

Since the reform and open policy, our country small and medium-sized enterprisein development or in the national economy status have a certain degree ofimprovement. Especially in the GDP and tax contribution as well as in solving theemployment problem of irreplaceability, display the SMEs will be leading thedomestic economic development as our main force.Unfortunately, after the analysis of the financing situation of small andmedium-sized enterprises in the domestic small and medium-sized enterprises due toblocked financing channels of individual enterprises fail to become the first reason ofrestricting our country small and medium-sized enterprise development. Financingchannels for small and medium-sized enterprises of our country exist depending oninternal financing and external financing channels, lack of direct and indirectfinancing channel imbalance, the small and medium-sized enterprises generallypreferences of the three main problems of informal financing channels. Comparedwith developed countries, such as Germany, Korea has attached great importance to abalanced development of the financing channel of small and medium-sized enterprises,and through the legislative means by stages, for small and medium-sized enterprisesthrough various financing channels, worthy of our reference. We should encourageinnovation financing mechanism of commercial banks, the structural optimization ofenterprise assets increased internal financing accumulation, and funded by thegovernment financing platform for small and medium enterprises seeking creditsources for specific measures, namely from financial institutions, enterprises andgovernment departments of the three angle to broaden our country small andmedium-sized enterprise financing channels, and for to clear the obstacle of thedevelopment of small and medium-sized enterprises.