The Analysis Of The Problem Of Difficultfinancing Of Small And Medium Enterprises In China

Small and medium enterprises occupies the position of impassable in the development of the national economy, widening the pace of private investment scale, optimize our current market economic structure and innovation in enterprise technology and system also played a underestimated role in promoting healthy development of small and medium-sized enterprises to promote domestic employment. In short, the healthy and stable development of the role of Small and medium enterprises in the market economy in our country has been accepted by most of scholars, and the development of small and medium-sized enterprises a key endogenous variable is the capital growth, since it is in China’s macro environment of economic transition, the financial system of small and medium enterprises capital growth is not perfect lead to the small and medium-sized enterprise development fund shortage, do not have enough capital to support its innovation ability, enterprise management is not standard, the ability to resist risk problems, finally in the market economy competitiveness declining. People mention the small and medium-sized enterprise, will give the small and medium-sized enterprise labeled "bad faith, accounting treatment of confusion, companies do false account, evasion of bank debt" label, in addition, our country small and medium-sized enterprise has not sustainability issues in relation with bank financing, bank loan is more fear, reluctance to lend to Small and medium enterprises, relationship between Small and medium enterprises and bank bad, serious information asymmetry, the majority of small and medium-sized enterprises can not successfully obtain loans from bank financial system, this kind of situation which concern the development of informal financial market, the so-called folk financial development completely not mature, the development of government without clearly defined policies to regulate the private financial system, leading to small and medium enterprises at seeking high interest borrowing from folk underground place to maintain their own production and business operation or the expansion of the scale, but the recent situation, the folk loan capital extremely unstable, many small and medium-sized enterprise boss by financing in the name of low interest rates to raise funds, high interest loans, eventually leading to the small and medium-sized enterprise boss absconded with the money of the phenomena, especially in Wenzhou as the city of Jiangsu and Z e Jiang. This phenomenon on the one hand makes the market funds are flocking to the virtual economy, deviate from the industry, on the other hand, caused extremely bad influence on the stable development of society. So how in the environment of the global financial system to find a suitable financial system and financing strategy of the small and medium-sized enterprises of our country, to solve the bottleneck of SME financing difficulties, make analysis and put forward the feasible scheme and suggestions on the development of small and medium-sized enterprises of our country financing problem, target practice into this article main discussion.This paper consists of six chapters. The introduction part mainly introduces the research of the writing of this paper’s basic starting point and overall train of thought of the research and the research framework of the thesis do the simple confession, and then expounds the writing background and significance of the research topic, and then discussed has elaborated the research content about the financing problem of small and medium-sized enterprises, finally discusses the economics research institute with the process of writing the paper and paper analysis method is different from previous studies of similar topic place and innovation; the second chapter mainly introduces the domestic and international literature review on writing depends, first is small and medium-sized enterprise financing theory abroad is reviewed. For example, the small and medium-sized enterprise financing cycle theory, the theory of credit rationing, and small and medium enterprises credit gap theory and agency theory, which more explains Small and medium enterprises financing in the development of the theory of relationship lending, credit risk management theory and the theory of small and medium sized banks. Then the paper combed the literature since decades scholars on China’s domestic financing of Small and medium enterprises, the paper each section have done a detailed summary, hope combining Western and Chinese scholars in the theoretical aspects of SME financing theory and empirical research analysis as a basic starting point to find the angle and direction of the thesis; third chapter first discusses how to define Small and medium enterprises, and then focus on the type of financing do summarized and theoretical analysis; the fourth chapter analyzes the current Chinese Small and medium enterprises in which the financial market environment, identify bottlenecks SME financing, the influence of various factors on SME financing due; fifth chapter on foreign policy with regard to support for Small and medium enterprises to do a presentation, I hope from the analysis by Western countries and Japan found in China and South Korea on financing incentives to support Small and medium enterprises can learn from our approach; Chapter VI combined with China’s actual situation, namely itself, the credit culture environment laws and policies from the government, banking and financial systems, small and medium enterprises four put forward in favor of solving the financing difficulties of Small and medium enterprises approach, focusing on analysis based on China’s financial markets under the premise of improving the development of the credit market, the establishment of SME credit guarantee system and credit system, through the improvement of credit worthiness so Small and medium enterprises and small banks to maintain our long-term stable relationship between banks, bank-enterprise cooperation to achieve sustainable development.Thesis research on the basis of numerous domestic and foreign scholars to proceed, first define the definition of Small and medium enterprises and the financing situation, financing and financing channels for Small and medium enterprises made the introduction, by analyzing the current situation of SME financing SME financing difficult to find the causes, after the analysis of its causes were extracted from several key factors affecting SME financing. Finally, measures to eliminate unfavorable conditions for each factor, proposals have practical significance.