Study On The Credit Guarantee System Of Small And Medium Enterprises In China

With the high speed development of economy, small and mediu enterprises(SMEs) have become the important factors in our economy.Small and medium enterprises afford to create job opportunities, increase the revenue, accelerate technological innovation, and promote export and so on.But because of lacking strong funds,good credit and information transparency, there are many difficulties in financing. To build the credit guarantee system of SMEs is one of the effective means for supporting the development of SMEs.Fist of all,the thesis discusses some supporting theories on credit guarantee.Based on the analysis of the state of financing with SMEs in China,it puts forward the reasons of the predicament and the credit guarantee is the way of relieving the problem of SMEs'loan dilemma.That is to set up a national credit guarantee system of SMEs. Second, it researches and summarizes the credit guarantee system of SMEs in representative countries,such as AmericaJapan,Italy and Germany,then summarizes some successful experience. Third, at a point of several bodies in the credit guarantee system of SMEs, the article analyses corresponding actions when government,bank and guarantee institution face to profit and venture in order to bring up some wide and meaningful proposal about optimalizing these parts'benefit.At last,on the basis of using international successful experiences for reference and combining the situation of our country,it puts forward to building up a country-wide credit guarantee system composed by policy model as guidance and business model and mutual guarantee model as primary part.The thesis is planned to carry out some useful discussions on the theory supporting ,system's building and innovation of credit guarantee of SMEs and is expected to provide some valuable references for lightening the loan predicament of SMEs.