The Construction Of Hebei SME Financing System

Appeared in1931,"Macmillan gap" theory, SME financing problem formally enteredthe spotlight. Senior financial experts from China’s famous Professor Bai Qinxian’s "strongposition on vulnerable groups" that SMEs are a very special position "strong bit vulnerable."SMEs in terms of job creation, economic growth, enhance social stability have made asignificant contribution, which is where the global and strategic SME’s "strong position" in.However, it faces difficulties in financing, technology acquisition, hard to keep people andintroduced into the market, companies set up difficulty, difficult access to information whichare the urgent need to break, especially the financing difficulties are the most prominent, themost common.This is its "vulnerable" lies. SMEs as an important part of Hebei Province’seconomy, also belong to the "strong bit vulnerable," the problem of financing is particularlyprominent. Only solve the financing problems of SMEs, to fully play the role of SMEs, thusboosting the overall economic prosperity of Hebei Province.In order to solve the difficult problem of financing, from central to local government, tothe bank, has issued a series of monetary policy to support the development of SME.Developed a series of SME financing products, but these temporary practice did notcompletely change our SMEs financing problems, can only play a temporary "calming" effect.The deep roots of the financing problems of SMEs is that produce imperfect financing system,we should start from the roots, build, improve SME financing system. However, SMEfinancing problems are not inherent in our country, is a worldwide problem, there aredifferences in different countries in terms of SME characteristics, the level of financialdevelopment and socio-cultural environment, different countries have different ideas anddevelopment stages of development, there are many successful experience is worth learning.However, we can not copy foreign models.After digestion of experience that can be used forthe construction of SME financing system services.In this paper, solve the financing problems of small and medium enterprises in HebeiProvince is the ultimate goal, as well as detailed analysis of the current situation of China’sHebei Province and financing problems, summarize the reasons for the formation of SMEsfinancing,Learn from the United States, Japan, EU financing system to build successfulexperience, draw and construct suggestions of Hebei SME financing system.