Research On The Risk Of China's Private-owned Enterprise In The GEM

During more than 30 years' reform and opening up,China's private economy had a great develop from scratch,from small to large.With China's national economy's adjusting,optimizing the layout and the state-owned enterprises' restructure,the stated-owned enterprises are staying in the critical stage of restructuring and reorganization.The state-owned shares in the capital would withdraw from the general area of competition gradually.The private economy has become an important component of socio-economic and an important pillar to maintain social stability.China's private economy has entered a stage of rapid development, plays an increasingly significant role in the national economy's sustained, coordinated development.Private enterprise has become the most competitive our economic power at this stage,which's generally recognized as the source of motive to accelerate the economic development by Chinese.It has become a consensus of the whole society to accelerate the development of China's private enterprises.However,the private enterprise has a harder difficulty in the bank loan financing arising from its little operation size and lower management level.The difficulties in financing constraints have become the biggest obstacle in the development of China's private enterprises,furthermore,hindered the development of private enterprises in China.The establishment of private enterprises is conducive to the financing of the GEM,it will bring a revolutionary change in China's capital market.The establishment of GEM which focuses on institutional innovation will offer a complete support system of capital markets for the development of China's high-tech industry,and have greatly promoted the development of China's high-tech industries.Because the GEM will offer an effective channel for the perfection of the capital market and solve the private enterprise's financing problem,the GEM has also become a domestic problem economic and financial theory in the study of hot spots.In this paper,I will give an comprehensive introduction of the basic concept such as private,GEM,risk from the point of the private enterprise with the use of risk management theory,technology economics,financial management,finance,investment and financial management,strategic management and other related theories and methods.Above all,I give an analysis in the risk of GEM in China's private enterprise,then I refer to some suggestions and measures on the basics of how to avoid the risk of national policy and the view of company finance.I hope that my paper will play a significant role and provide some practical ideas and approaches in the private enterprise's GEM.Due to restrictions on my level as well as listing on the GEM is in a special stage now,there are still many deficiencies in this article,and many views should be further examined by practice,have a change with the environmental adjustments.