Research On Financing Of Medium And Small Businesses After China's Entry Into The Wto

Medium and small businesses are not only important for the development of a country' economic, but also for the Chinese economic system reform and stepping into the outside world. Before china's entry into the WTO, the difficulty of financing is the main factor that restricts the development of medium and small businesses. This is mainly because that they depend on indirect financing without measure, and the bank can't meet their capital needs due to the problems such as asymmetry of information, great risks, profitability and imperfection of the reform.The paper makes a comprehensive and systemic analysis on medium and small businesses' financing by using the systemic and factor analytical method, It generalizes the basic thought on constructing the financing system of medium and small business by using analyzing, comparison and synthesizing, that is to say, the financing system should be made by stage according to the speed and degree of influence ofchina's entry into the WTO.The paper considers that before china's entry into the WTO, the financing system of medium and small businesses is inefficient and not strengthen enough, and china's entry into the WTO will influence greatly on the original constructing essential factor for the financing system of medium and small businesses, some tactics should be made to meet the new needs, and through the improvement of these key elements, a powerful and efficient financing system for medium and small businesses should be built.The characteristic of this paper is as the following: 1, the research on financing problem of medium and small businesses in view of china's entry into the WTO. 2,forming the financial system of medium and small businesses by stage.