An Analysis Of Credit Rationing In China 's Small And Medium - Sized Enterprises

Small and Medium-Sized Enterprises (SMEs) are now suffering the difficulties of applying loans from commercial hanks, which becomes a bottleneck to the rapid development of Chinese SMEs. Based on the credit rationing theories and reviewing in details most of national and international research on the credit rationing, the article empirically analysis allocation of credit conditions of the372enterprises in Anhui Province from effective demand for loans, the satisfaction rate for applying loans and the demand satisfied degree on its credit resource, and the utilized degree. Thus, the author come to the conclusion:with Market-oriented reforming, SMEs make a great contribution to economic increasing. But financing through bank and financial market is the difficulty in our SMEs of Anhui Province.Then, the author proposed the recommendation on the problem of credit rationing in SMES. First, The Government give full play to the role of economic coordination and improve efficiency of the al location of financial resources. Second, reforming our financial system, developing bank intermediary and financial market, we can improve the efficiency of our financial institutions and financial market and realize a rational allocation and exploitation of the limited financial resources to receive the maximum of financial efficiency in our economic development. Third, Non-state enterprises to deepen reform, continue to broaden the financing channels.