The Blocking Phenomenon And Resolution Strategy Of Huifinance’s Policy Implementation In Supporting Small And Micro Enterprise Financing

In recent years,the total scale of China’s small and medium-sized micro enterprises has continued to expand,playing an important role in improving labor productivity,expanding employment,narrowing income gap,and promoting market competition,and has become an important force for promoting high-quality economic and social development.However,due to the generally weak anti-risk ability of small and medium-sized micro enterprises,especially since the outbreak of the new crown pneumonia epidemic in 2020,the survival and development of small and medium-sized micro enterprises have been severely challenged.In this context,how to increase financial support,help small and micro enterprises tide over difficulties,and stabilize the basic plate of economic development has become the top priority of the current economic work of governments at all levels.Governments at the national,provincial,municipal and county levels have issued a series of policies and measures to promote the solution of problems such as difficult,expensive and slow financing for small and micro enterprises.As a pilot zone of China’s reform and opening up and an important birthplace of the private economy,Wenzhou has carried out various tasks in depth as a pilot city for the comprehensive reform of financial services for private and small and micro enterprises,actively developed inclusive finance,explored the solution path of "difficult,expensive and slow" financing for private and small and micro enterprises,and achieved certain results in reducing the financing costs of small and micro enterprises,improving convenience and improving the financial service system.The theoretical basis of this paper includes two aspects of public policy implementation related theories and Smith model,the research object is determined to be the inclusive financial services of small and micro enterprises in Wenzhou,through interviews,questionnaires and other methods,in-depth investigation and analysis of the main practices and effects of inclusive financial services for small and micro enterprises in Wenzhou,it is found that although the inclusive financial work of small and micro enterprises in the region has achieved certain results and promoted the development and growth of local small and micro enterprises,the phenomenon of hindering the implementation of inclusive financial policies still exists and faces many difficulties.For example,a variety of problems such as insufficient comprehensive promotion of multiple government departments,insufficient delegation of examination and approval authority,unbalanced allocation of financial resources,homogenization of inclusive financial business,and insufficient credit enhancement role of policy-based financing guarantee system need to be further improved and solved.On this basis,this paper further analyzes the problems and concludes the reasons for the obstruction of policy implementation,such as imperfect regulation of inclusive financial system,imperfect construction of financing credit system,profit assessment mechanism affecting the implementation of inclusive financial policy,and insufficient extension of financial infrastructure to the grassroots level.Finally,combined with the actual situation of Wenzhou,it puts forward suggestions on improving supporting policies,strengthening system implementation,strengthening information sharing,solving information asymmetry problems,improving fiscal and tax support,reducing financing costs,optimizing the allocation of inclusive financial resources,and innovating inclusive financial products and services,and striving to further eliminate the obstacles in the implementation of inclusive financial policies for small and micro enterprises in Wenzhou,improve the quality and efficiency of financial services for small and micro enterprises,comprehensively create a financial environment suitable for the development of small and micro enterprises,and promote the vigorous development of small and micro enterprises.