Investigation And Analysis Of Micro,Small And Medium Enterprises Financing Supply And Demand In Jiangsu

Micro, small and medium enterprises is an important part of the economy in our country, in the process of China’s economic development plays an important role, especially since China’s reform and opening up, along with the market economic system gradually established, micro, small and medium enterprises in providing employment opportunities, increase the fiscal revenue and export and GDP growth played a huge role. In the process of micro, small and medium enterprises development, effective supply of funds and the use are the important part to the development of micro, small and medium enterprises. However for various reasons are often small micro enterprise financing bottleneck problems, some scholars have put forward many times, because of the financial system is not sound, although the state sector has contributed about40%of economic growth, but loans accounted for80%of total loans to financial institutions, and a large number of micro, small and medium enterprises primarily privately operated enterprise has contributed about60%of economic growth, its loans accounted for only formal financial institutions is less than20%of the total loan, in the country more than1100registered in industrial and commercial bureau of small and medium-sized enterprises, related to bank credit is less than1million households, nearly90%of small micro enterprises simply can’t get credit, accounts for more than99%of the total number of the enterprise, provides nearly80%of jobs in cities and towns, the tax payable accounts for about half of the total amount of revenue. According to the China banking regulatory commission, bank loans mainly investing in large and medium-sized enterprises in our country, big enterprise loans for100%coverage, medium-sized enterprises90%, small business is only20%, almost no micro enterprises. The main purpose of this study is based on micro, small and medium enterprises in jiangsu province on-the-spot sampling investigation, the present situation and the demand features of financing using bivariate Probit selection model of micro, small and medium enterprises from commercial banks to obtain loans obstacle factors for empirical analysis. At the same time, with different areas of jiangsu, category and size of commercial bank financing supply situation, find out enterprise demand and supply the gap of the bank, and hope that through the joint efforts of both sides to achieve "win-win" effect as soon as possible, and on the basis of the practical and feasible countermeasures and suggestions are put forward.