Research On The Credit Support Of Small And Medium Sized Science And Technology Enterprises From The Perspective Of Local Government

In the process of China’s national economic development,technology-based small and medium-sized enterprises play an important role,but their development is often restricted by financing difficulties.China’s capital market is still in the stage of development,credit is the main way to solve the financing difficulties of small and medium-sized science and technology enterprises.In the process of practice,the central and local governments in China have actively introduced policies to play a positive role in the credit of science and technology-based SMEs.By innovating the financial capital input mode,Chengdu municipal government has established a municipal enterprise debt financing risk compensation fund pool,launched "science and technology innovation loan",and established a "credit increase + sharing + compensation" mechanism to support small and medium-sized science and technology enterprises to obtain bank credit.Taking Chengdu as an example,this paper focuses on the credit support of small and medium-sized science and technology enterprises from the perspective of local government.Starting from the current credit difficulties of small and medium-sized science and technology enterprises and the state of government policies,through field research and literature review,this paper comprehensively uses the credit rationing theory,government governance theory,government function theory and information asymmetry theory,Using the method of theoretical analysis and case analysis,this paper makes an in-depth analysis of the role of Chengdu municipal government in the credit of science and technology-based SMEs.It is found that the Chengdu municipal government has played a certain role in financial guidance,management services and supervision in the credit support of small and medium-sized science and technology enterprises,and has achieved certain results.However,affected by comprehensive factors,Chengdu municipal government still has some typical problems to be improved in the credit support of science and technology-based SMEs,including imperfect support mechanism,imperfect support policies,and incomplete financial system reform.By analyzing the typical practices of Beijing,Suzhou and other governments through case studies,it is found that Chengdu government’s working methods and relevant policies in the credit support work of science and technology-based SMEs are not mature enough,so we should learn from the successful experience of Beijing,Suzhou and other typical regions according to our own actual situation.Based on the above research,this paper puts forward specific countermeasures and suggestions from the perspective of small and medium-sized science and technology enterprises,banks and other financial institutions and the government,in order to comprehensively improve the work effect of Chengdu municipal government in the credit support of small and medium-sized science and technology enterprises.