Research On Financing Dilemma Of SMEs In PanShan County

Small and medium-sized enterprises（SMEs） are an important part of Chineseeconomy development. SMEs have playing an increasingly important role inpromoting economic growth, increasing employment, maintaining the marketcompetition and social stability, providing financial income. SMEs have greatsignificance to the development of the economy as a whole that ensuring sustainable,healthy and stable growth of small and medium-sized enterprise. The financingproblems restrict the development of small and medium-sized enterprise, because ofits’ own condition and the influence of the external environment.PanShan county has been firmly implement the development strategy of strongcounty of industry, and the development of small and medium-sized enterprises areindispensable part of implementing development strategy of PanShan. Like most ofSMEs in China, small and medium-sized enterprises of PanShan county are also facedwith the plight financing problems. Through the analysis of SMEs financing status ofPanShan, this paper put forward some solutions. The development of small andmedium-sized enterprises of PanShan can not only maintain the economicdevelopment of PanShan, but also have simulative effect to economic development ofPanJin city and the strategy of revitalizing old Northeastern industrial bases. So thispaper has important practical significance.This paper analyze the financing difficulties of small and medium-sizedenterprise in Panshan county using the literature research and normative research.Firstly, this paper expounds the domestic and foreign concept of small andmedium-sized enterprises, introduces the characteristics of small and medium-sizedenterprises and emphatically states the related theory of small and medium-sizedenterprises financing. Secondly, it fully and systematically analyses the PanShancounty economy and the present development of small and medium-sized enterprises. Then, it points out that the scale of endogenous financing is limited and foreign aidfinancing is difficult. Thirdly, it analyzes the causes of SMEs financing problemsfrom the point of government, financing institution and SMEs, including restrictionson financial institutions, weak support from government and inadequate conditions ofSMEs. Finally it puts forward some countermeasures according to the above content.The government should continue to improve the policy support small andmedium-sized enterprises and financial institutions that making loans to small andmedium-sized enterprises. Financial institutions should develop internal independentevaluation organization and establish the credit system of small and medium-sizedenterprise, to improve the financing environment of small and medium-sizedenterprises. Small and medium-sized enterprises should raise their conditions bystrengthening its internal management and standardize the system of enterprisefinancial measures.