The Exposition Of Consummation Our National Trtust And Guarantee System For Small And Medium Enterprises

Small & Medium Enterprises (EMS) of every country play an important role in creating jobs, keeping social security, developing science and technology, offering the corresponding service for Big Enterprises, and so on.Latest statistics from the Ministry of Economic and Trade indicate that the number of our country' s SMEs has exceeded 10 million, taking 99 percentof the total. They have'created industry- product summary money, the tax and working opportunities in towns, taking more over 76per, SOper and 75per of each total number respectively.However, it is difficult in joining the funs. Because SMEs, influenced by factors such as managing-concepts, managing-range, the quality of managers, owning limited social resources, inadequate trust history and lower lever of trust. All above factors restrict SMEs of further development.A lot of countries have taken positive and effective measures to deal with this "bottle-neck" problem, and the most important of which is to set up professional Trust & Guarantee (T&G) institutions for SMEs.The industry of guarantee started late in our country, but developed fast. Up to 2002, the system of T&G for SMEs has got 226 member institutions, covering more than 200 towns, cities and regions in over 30 provinces, municipalities and cities with 7 billion guarantee funds and add up to 12 billion all.Meanwhile, we have to pay attention to the fact that the SMEs' trust concepts should be strengthened more, the function of the guarantee institutions should be standardized further, the scientific and unite credit evaluating standard for the SMEs should be set up, the risks and benefits between guarantee institutions and cooperative banks should bemore appropriate and fair, in some places local governments still interferewith specific guarantee affairs, and the State Trust & Re-guarantee institutions for the SMEs haven't been founded to scare and controlrisk......According to all above problems, the article, focuses on the nucleus in the T&G System for SMEs梩he T&G institutions for SMEs, describes its basic system' s set-up model, ways to control risk and so on in detail. It discusses what roles other participants should play in the system construction including governments, financial institutions, the society and the SMEs themselves, in order to offer some valuable references on developing the social service system for SMEs, resolving the SMEs' difficulties in finance.