An Empirical Study On The Construction Of The Financing Environment For Small And Medium-sized Enterprises In China's Equipment Manufacturing Industry Based On Credit Measurement

The development of SMEs in the equipment manufacturing industry is not only related to national economy,national development and national defense security,but also reflects the development level of China's manufacturing industry and the transformation and upgrading of manufacturing industries.The development of SMEs in the equipment manufacturing industry has become the focus of attention.In the process of transformation and upgrading of China's equipment manufacturing industry,at the national level,the government pays high attention to small and medium-sized equipment manufacturing enterprises and corresponding policy support.However,it is an objective fact that China's equipment manufacturing industry lacks core competitiveness in the transition from small to large and from big to strong.Considering the impact of international factors such as the international financial crisis and the European subprime mortgage crisis,small and medium-sized enterprises in China's equipment manufacturing industry are still faced with the problems of financing and financing.Enterprises relying on their own funds cannot meet their long-term needs,and companies cannot Obtaining timely financing has limited the development of SMEs in the equipment manufacturing industry.Credit factors are an important factor for companies unable to finance their investments.SME credit will be affected by financial indicators and other factors.SMEs are often trapped by their own credits and cannot achieve effective financing.Economic development and the prosperity of small and medium-sized enterprises in the equipment manufacturing industry are inseparable.Realizing the development of small and medium-sized enterprises in the equipment manufacturing industry is the top priority of the country and the nation.The importance attached to the equipment manufacturing industry in developed countries is an important reference.They have taken the lead in launching major strategic deployments centering on equipment manufacturing,including measures such as German Industry 4.0 and US reindustrialization.The establishment of a credit system is a guarantee for good development of small and medium-sized enterprises in the equipment manufacturing industry in developed countries.Benefiting from a good credit system,small and medium-sized enterprises in the equipment manufacturing industry in developedcountries can quickly finance their capital needs to realize their own growth..With the introduction of "Made in China 2025",China has also started the strategy of building a strong country and attaches importance to the development of small and medium enterprises in the equipment manufacturing industry.At present,China's equipment manufacturing industry is large and not strong.The fundamental problem is the lack of scientific and technological research and development capabilities.The main factor that causes the lack of scientific research is the lack of a stable source of low-cost funds.The experience of developed countries shows that the improvement of the financing environment requires a good credit evaluation system to solve the problem of financing mismatch.In this paper,small and medium-sized board equipment manufacturing companies are selected to conduct research on small and medium-sized equipment manufacturing enterprises from the perspective of credit.The use of data mining and data analysis techniques for the financial data of small and medium-sized enterprises in the equipment manufacturing industry to screen financial data,use a two-class logistic regression model to measure the creditworthiness of small and medium-sized enterprises in the equipment manufacturing industry,and construct equipment manufacturing SMEs from both short-term and long-term perspectives The credit evaluation model finally improves the financing environment of China's equipment manufacturing SMEs from the perspective of credit.