The Development Of China’s Shadow Banking System To Research On The Effects Of Small And Medium-sized Enterprise Financing

Along with the rapid development of our economy, small and medium-sized enterprises (SMEs) play an extremely important role, from employment to invent a new technology, to improve the level of the whole national economy, small and medium-sized enterprises. In its development, however, for all kinds of large capital always there. At present, the financial situation of small and medium-sized enterprises, credit is not strong, financial institutions lending is not high, the relevant departments to support for its weak, etc., makes them a lot of difficulties in raising money, this has contributed to the emergence of shadow banking. With the spread of financial crisis, China’s shadow Banks began to grow up. Our country implements the tightening of monetary policy since2010, each big bank in the case of money is tight, good loans to assets, the stronger the large companies, thus increase the difficulty of small and medium-sized enterprise financing, and the birth of the shadow banking brings financing to small and medium-sized enterprises hope that cater to the small and medium-sized enterprise financing needs.This paper expounds the present situation of the development of China’s shadow banking and small and medium-sized enterprise financing problems, influence on both cases discussed in detail, and build the model analysis of shadow banking on the number of SMEs capital inflows, the empirical analysis of influence degree. Thus based on the guidance of the development of the shadow banking Angle gives advice to the SMEs financing. to promote small and medium-sized enterprise progress. This paper main points:one is the shadow banking system has developed rapidly in our country, on the financing mode and product development are gradually formed the scale, for the enterprise provides diversified financing channels; Second, small and medium-sized enterprise stable development of national economy role is huge, but has difficulties in financing, the formal financial borrowing is cumbersome, the loan is difficult, it needs more new ways, and the emergence of the shadow banking make new choice; small businesses have access to funds; Three is the investigation statistics and related economic function structure model to carry on the empirical analysis, verify the great influence of shadow Banks for SMEs, can make small and medium-sized enterprises have more available funds, prove the shadow Banks have large amounts of money into the SMEs, financing and financing for small and medium-sized enterprise role in the development of the shadow banking, among them, the inflows of1.42trillion small and medium-sized enterprises, in2011more than the normal bank lending more than1times, shadow Banks in2013into the small and medium-sized enterprise the overall amount of capital of6.72trillion yuan, in the first quarter of2010to2014in the second quarter, according to the shadow banking beneficial effects for the development of small and medium-sized enterprises not only exist, there are adverse effects; four is based on the advantages and disadvantages, puts forward measures and opinions, to build a more perfect financial system, to promote small and medium-sized enterprises money supply.