Research On The Role Of Public Policy In The Financing Of SMEs In China

With the advancement of the economic system reform and the continuous improvement of the system of socialist market economy,small and medium-sized enterprises has become the most vigorous part in the national economy,the most innovative,the most potential market economic subject.But due to the small and medium-sized enterprise own conditions restriction and the influence of the external social environment,small and medium-sized enterprise financing difficult problem has become an important bottleneck restrict its development.Small and medium-sized enterprise financing difficult problem is,in fact,the performance of "market failure".In the case of "market failure",there are many reasons for the financing difficulties of small and medium-sized enterprises.Among them,the choice of public policy problem is an aspect of cannot be ignored.How to solve the problem of financing difficulties of small and medium-sized enterprises,support the development of small and medium-sized enterprises,has become our country economy under the new normal is in urgent need to solve the problems of public policy.Play to the functions of public policy,the government should choose correctly matches the public policy to achieve the optimal allocation of resources in middle and small enterprise financing,dissolve the small and medium-sized enterprise financing difficult problem.In this article,the author 80 home of Qingdao is the survival and development situation and the status of financing for small businesses has carried on the questionnaire survey and analysis,and creatively put forward by small and medium-sized enterprises financing public policy views and Suggestions,which makes public policy more targeted and effectiveness.At the same time,the use of exploratory public policy related theories to analyze public policy factors in the small and medium-sized enterprise financing,expounds the present stage needs to be addressed by public policy changes of small and medium-sized enterprise financing difficult problem.Only optimize the industry financing public policy improvement,in order to better solve the small and medium-sized enterprise financing difficulties.Finally,in financing market,information asymmetry situation is the important reason for the small and medium-sized enterprise financing problems.Under the condition of asymmetric information in the financing market,financing institutions and the relationship between small and medium-sized enterprises is essentially a system of relation.Public policy should be from the perspective of improving services,establishing a financing system service mechanism,crack encountered in the development of small and medium-sized enterprises financing difficult problem.This paper illustrates the small and medium-sized enterprise financing,the relevant concepts and theories of public policy,and introduces the relationship with the small and medium-sized enterprise financing of public policy and public policy role in resolving financing difficulties of small and medium-sized enterprises.Then,taking the method of case analysis to our country small and medium-sized enterprise financing present situation and main problems of public policy are analyzed;On the basis of analyzing the typical experience and draw lessons from western countries,from the credit guarantee system,finance ecological environment construction,comprehensive financing service system,fiscal and taxation support policy and social service system and so on resolving small and medium-sized enterprise financing difficult problem of public policy countermeasures and Suggestions.