Assessment Of Credit Risk Of Strategic Emerging Industries By Commercial Banks

The development of strategic emerging industries has become a major driving force for the coordinated development of various industries.All countries in the world are pursuing the efficient and rapid development of strategic emerging industries.In order to promote the healthy development of China's strategic emerging industries,the Chinese government not only provided science and technology grants and government financial support,but also provided planning guidance and formulated policies.It is difficult for China's strategic emerging industries to obtain credit financing from commercial Banks.Its source of funds mainly depends on government support funds and some venture capital funds.The financing structure presents structural contradictions,which are not conducive to the flexible control of funds in accordance with the development needs of strategic emerging industries,and excessive reliance on government support funds will also lead to the undue occupation and heavy burden of fiscal funds,resulting in the contradiction between the supply and demand of funds in the use of funds,credit scale,term and other aspects of risk.Therefore,the financing system of commercial Banks should not only be inclined to traditional,medium-low risk projects,but also to strategic emerging industries with high innovation and more opportunities.According to the international advanced theories and practice,as well as the development of strategic emerging industries at home,the paper points out the research on financial support of strategic emerging industries in China.I thinks that commercial banks play the vital role to intervene in both seedling stage and growth stage of strategic emerging industries and give them fund supports.After researchig the business of granting credit of commercial banks and discussing the features and risks of strategic emerging industries,the paper figures out the problems exsisting in granting credit business.The paper,of WF new material enterprises,states its developing history,business background,the future development,advantages and risks.From the commercial bank's angle,this paper analyzes the internal factors and external factors,and it sets up the risk comprehensive assessment model to analyze the external factors through the entropy weight topsis method.It also assists the strategic emerging enterprises which involve in granting credit in risk assessment.Finally,through the study of the credit risk of strategic emerging enterprises,I summarized the risk prevention and control measures of commercial Banks in the credit process of strategic emerging enterprises.Commercial Banks should take the initiative to locate customers in strategic emerging industries,prevent and control industrial and policy risks of borrowers,prevent and control risks of "productization and industrialization",extend service level and develop innovative financing plan,formulate comprehensive product and service programs to enhance the comprehensive contribution of strategic emerging enterprises to commercial Banks.China's commercial Banks should constantly practice and summarize the risk management theory and practice system applicable to the characteristics of strategic emerging enterprises,so as to promote the flow of credit funds to strategic emerging enterprises.