The Financial Support Research For The Development Of The High-tech SMES Of China

2010 is the year of our way in changing the economic development and the year of economic restructuring, and scientific advancement and development of low-carbon economy is the key in China. High-tech SMEs have great function in promoting the social productive forces and great contribution on economic development. At the same time, High-tech SMEs are the core strength of the High-tech enterprises. Since the reform and opening in China, a lot of High-tech SMEs have been grown up very quickly. With flexible operation system, strong adaptability to market and advantages in technologically innovative efficiency, High-tech SMEs have played a crucial role in technological innovation, the transformation of national science and technology fruits and sustain our economy to grow stably and fast. High-tech SMEs faced with various difficulties in the development process. There are a variety of difficulties in the process of the High-tech SMEs. But the most pressing issue is the lack of funds. Financial difficulties have seriously hampered the healthy development of China's High-tech SMEs. enterprises).Therefore, it have important theoretical and practical significance to deal with the problems by choosing a reasonable path and broadening the financing space of High-tech SMEs.In this paper, High-tech SMEs' financing problems are based on the combination of the SMEs Financial Growth Cycle Theory,Innovation theory, and the Control theory of corporate finance. Beginning with our present situation of the High-tech SMEs, analysing the inherent relationship between the financial system and High-tech SMEs. Moreover, this paper based on the international High-tech SMEs comparison and analysis, selecting the representative High-tech SMEs to investigate and study in Qingdao. Then proposes the financial Suggestions for the development of the High-tech SMES of China. Namely, it can formate the Multi-level financing system of technology loan, policy finance, capital markets, venture capital and technology insurance to support the development of High-tech SMEs.