The Consideration Of Cracking The SME's Financing Dilemma

During the past 20 years of reform and opening, the Chinese people have gained the greatest benefits and seen the fastest growth in their living standards. Various kinds of enterprises changed from small to big, from weak to strong during the reform and opening. in recent years, as China's economic system reform, China's SMEs in promoting China's economic growth has become a major force and an important channel for easing employment pressure. As of the end of 2008, China's SMEs in the country accounted for more than 99% of the total, accounted for China's SMEs to create more than 55% of GDP, the proportion of industrial added value in more than 75% in total exports, accounted for compared with more than 65%, in the proportion of sales of social commodities closing to 60%. SMEs has become an important force in economic development.However, this engine pushing China's economic development-the development of SMEs has been all roses, the problem of financing is an important factor restricting the development of SMEs. The lack of funds and the poor financing channels prevent the normal development of SMEs. Most SMEs like the boat on the ocean lonely battled, few people interested. SMEs in China is a very special group. In the stereotype constrainting, SMEs are regarded as "alien". In china economic development SMEs has been discriminated against, and in an unequal position compared to state-owned enterprises. The outbreak of the global financial crisis in 2009, China's SMEs become worse, many export-oriented SMEs have closed down. SMEs's funding chain is broken, bank credit to SMEs become more strict, the problem of financing SMEs highlighted. How to break this situation and creat good external environment to SMEs is our study.In many constraints for SME development, the financing difficulty is the main factor, the SMEs's problem of financing is a global problem. even the financial resource-rich Western countries are no exception. How to crack the SME financing is the focus of the article. This article is divided into six parts. Either:Introduction; the current status of SME financing; the causes of the SMEs's financing problem; Foreign successful experience of breaking SMEs's financing problem and Revelation; the specific reform ideas and policy proposal; summary. The progressive layers of six parts, come out a new ideas for breaking SMEs's problem. Either:Play both fiscal and financial force, two-pronged approaching, innovative the thinking to develop new fiscal and financial policies, in order to break EMS's financing problem.Of course, breaking SMEs's financing problem, not only the government can solve unilaterally, but also their own effort and banks strongly supporting. Breaking SMEs's financing problem is a long-term and complex project. We should feet on the ground, combine with China's national conditions, innovatively solve this problem. The purpose of this aticle is better able to slove the SMEs's financing problem, in order to make SMS to play a greater role in national economic development.