| Small and micro enterprises are widely distributed in all walks of life,with rich types and large numbers,and they account for more and more market players.Vigorously promoting the development of small and micro enterprises has always been the focus of national policies,and is an important way to improve the employment market,realize the increasing tax revenue year by year,and ensure the rapid and stable growth of China’s economy.However,due to the characteristics of small scale,limited profits,weak competitiveness and poor anti risk ability,small and micro enterprises have a long-term problem of financing difficulties.At present,the number of small and micro enterprises that meet the issuance conditions of China’s bond market and stock market is limited,and bank loans are the main source of financing for small and micro enterprises.Therefore,in recent years,the State Council and other departments have issued a series of policies to ease the financing difficulties of small and micro enterprises by guiding and supervising bank credit behavior.Among them,the"two increases and two controls"policy issued in 2018 is a programmatic policy document to ease the financing difficulties of small and micro enterprises through bank loans.However,there are many problems in the implementation of this policy,which leads to the failure to achieve the desired effect.This paper takes Smith policy model as the research framework to study and analyze the implementation of the"two increases and two controls" policy for financing of small and micro enterprises in City D,and analyzes the problems in the implementation of the"two increases and two controls" policy from the aspects of policy objectives,implementation subjects,target groups,policy evaluation and supervision,and finds four problems:contradictions exist in the dual policy objectives,and the policy objectives are biased in implementation;The supervision cost of commercial bank subjects is high,and there is role conflict between dual supervision subjects;Limited coverage of target groups and low recognition of policy implementation by target groups;Pay attention to post evaluation rather than pre supervision,and the effectiveness of collecting regulatory data is low.According to the relevant issues,this paper puts forward targeted policy recommendations.First,make clear the boundary of government intervention in bank credit;Second,improve the division of responsibility of the policy implementation subject;Third,establish a coordination mechanism among policy implementation subjects;Fourth,establish a complete credit rating system for small and micro enterprises;Fifth,establish a perfect data management system.Ensuring the effective implementation of the "two increases and two controls" policy for financing of small and micro enterprises will help ease the financing difficulties of small and micro enterprises. |
