An Analysis Of The Financing Predicament And Tactics Of SMEs

Small-and Medium-sized Enterprises (SMEs) are an important factor in national economy and play a strategic role in the economic development of various countries in the world. In China, the greatest developing country in the world, SMEs have a more prominent standing and role. On the one hand SMEs have enjoyed remarkable development and have grown to become an important force in contributing towards sustained and rapid growth of the Chinese economy. In particular, Chinese SMEs are typically classified under the label of labor-intensive firms, so they may absorb a substantial excess labor to reduce the unemployment rate. On the other hand, SMEs in China are facing problems and difficulties that restrict their ability to grow and contribute to the Chinese economy. One major problem is how SMEs can more easily obtain financing in China's financial markets to start and support growth. Therefore, it has already become the major problem crying for solution in the new century to probe into regularities in the developing and financing predicament of Chinese SMEs' , promoting its healthy growth, and the smooth integration of Chinese economy into world economy in the tide of economic globalization.The financing of entrepreneurship and small business is a common issue that each nation must solve with solution that are appropriate for the economic, legal and social circumstances of that nation. So this paper will focuses on the financing problem and solution tactics of Chinese SEMs and consists of five parts. The first part introduces basic theoretic study both home and abroad of the development and evaluation of Chinese SMEs, the research methods and structure of the paper, paying special attention to the systematic study of...