The Small And Medium-Sized Bank, Relationship Lending And The Solution To The Difficulty Of Financing Of Small And Medium-Sized Enterprise

Small and medium-sized enterprises play an important role in producing GNP,providing employment,the innovation of science and technology and industrial serialization and so on,depending on its characteristic of flexible management ,spreading widely and knowing the demand of the market well.They have been an important part of Chinese national economy and become an important force of guaranteeing the development of national economy healthily,stabily and rapidly.However,the way in which small and medium-sized enterprises develop is not so easy and there are many factors impeding its development.Among these factors,the difficulty in the financing is a bigger haddicap of its development.How to solve its difficulty in the financing has become the common problem of countries all over the world.In the paper,elating with Chinese pratical situation,I find that the information asymmetric between the bank and the enterprise is the most basic factor leading to its difficulty in the financing.Moreover,because the discrimination in the ownership of enterprises has gradually faded with the reform of financial system and economic system develping,the difficulty of Chinese small and medium-sized enterprises in the financing is mostly formed because of the factors inside the market.On the...