Study On The Development Of Jinjiang Private Finance

In the development course of Jinjiang private economy, private finance provides significant support and plays key role. To fit in with the development of private economy, a wide range of private financial activities are extremely strong. At present, how to objectively evaluate the effects of private finance, how to guide private finance to exploit healthy influence in the financing of private small and medium enterprises, how to improve and adjust the national financial system with the vigorous development of private finance, are the urgent issues facing us.Starting from the theory of the emergence and development of private economy, this paper concludes that endogeny is the original motive for the survival and dynamism of private finance. Afterwards it analyzes the characteristics of Jinjiang private finance as well as its forms. Meanwhile it reveals the objective necessity for the existence of Jinjiang private finance from the practical and theoretical view. Then it investigates the positive and passive effects of private finance. At last it analyzes the problem facing private finance at present from the coexistent relationship between private economy and private finance. As a consequence it raises recommendation from two sides, including creating good conditions for the development of private finance and deepening the reform of financial system to develop private finance.Taking Jinjiang as the case study, this paper believes that we should recognize the importance of private finance for the private enterprises at present and support its development. Surely we should regulate and develop private finance from all types of institutions and regulations so as to make it better serve the financing of SMES and contribute more to the development of economy.