Research On The System Of SMEs' Supporting Policy In China

Small and medium-sized enterprises (SMEs) in China are playing an increasingly important role in national economy. However, due to their own defects and the macro-environment, SMEs are in a disadvantageous position in the aspects of development scales, financing capacities and marketing competitions which make them cannot compete with large enterprises in the fierce market competition. Faced with various difficulties and problems, SMEs are badly in need of policy support of government in their development process. In recent years, our government has given more and more attention and support to SMEs and obtained certain achievements. But compared with the support policy of the developed countries, there are still a series of prominent problems remained in China's SMEs support policy. Therefore, our government should start from the contents included in the whole policy support system, take positive and effective measures to support SMEs, give full play of market mechanisms, and improve the overall business environment for SMEs so as to achieve further development of SMEs.This thesis describes the connotation of SMEs policy support system and demonstrates the necessity for government to offer policy support to SMEs on the basis of the economic theories and models; Use of predatory pricing theory, government regulation theory and the Porter model to prove importance of government protect the marketing position for SMEs; From business point of marginal revenue, it provide a theoretical basis for government support SMEs to develop technological innovation. Deeply analyzes the status quo and problems of China's SMEs policy support system from SME's financing service system, legal support system, administrative regulation system, fiscal policy support system and technological innovation support system; reviews and compares the economic development models of SMEs and the characteristics of support policies in the typical regions of China; and summarizes the formation process of SMEs policy support system in U.S., Japan and Taiwan of China and their advanced experiences. Finally, based on the above analysis, Propose the content of the SMEs Financing System, it include sound financial institutions to improve the indirect financing, direct financing system; Strengthen the credit guarantee mechanisms and support the development of non-financial institutions. The importance of legal support for SEMS is strengthening the basic legal and other service systems; And give some recommendation such as improve the organization and management system, perfect fiscal policy system and technology innovation system, these all has some practical significance for the perfection of the SME policy support system.