Study On Financing Guarantee System For Small And Medium-sized Enterprises In China

In the modern economy, small and medium-sized enterprises ("SMEs") have always been an important part of national economy both in developed countries and developing countries. They play an indispensable role in economy and society. It is the common way to support the development of SMEs in various countries that establishing the SME guarantee system and alleviating the problem of SME financing. In China, though the SME guarantee system has been established, there are a lot of inadequacy in practice because of late start, imperfect environment construction and lack of relevant talents and experience. This thesis will focus on how to establish and improve China's SME guarantee system on the basis of analyzing the current situation in China and combining the advanced foreign experience. According to this idea, this topic will be systematically studied from five aspects.The first part introduces the background of this topic, the practical significance and solutions; shows the scope and methods of the study; explains the relevant concept and its proper scope.The second part provides the theoretical support for China's SME credit guarantee system construction by applying the theory of SME serving, theory of credit and theory of guarantee.The third part analyses the current situation of SME financing difficulty.The fourth part analyses the SME financing guarantee models in America, Japan and Taiwan, finds the reference for China's SME financing guarantee construction. Meanwhile, this part reviews the development of China's SME financing guarantee system, shows the current practicing situation of China's SME financing guarantee system, evaluates the existing problems.The fifth part proposes the countermeasures for construction of the SME financing guarantee system from the following aspects: improving policy credit guarantee, establishing commercial guarantee constitutions and external legal environment.