Study On The Financing Of Small And Medium-sized Enterprises In China

Since over 20 years' reform and opening up in China, our economy has been expanded rapidly. As the system of market economy in China continuously completed, the small and medium sized enterprises (SME) have been rapidly developed, which not only become the important major power to accelerate the domestic economy growing up in a quick, healthy and consistent way, but also present the strength of life power, play the more important role in terms of adjusting the structure of domestics economy, extending social employment, developing local economy, increasing the financial income, training entrepreneurs team. However, form the effective needs point of view, 99% of SME are lack of sufficient loan sources less than 20%. As entering into the WTO, with the foreign capital's impacting and enterprise management circumstance's changing, enterprises financing issue have turn into the most bottleneck of restricting SME's existing and development. "Financing problem" of small-and-medium-sized enterprises is the world difficult problem. In our country, this problem is more distinct. It will benefit the development and growth of SME and continuous increase of national economy that we analyze how to promote capability of enterprises financing and investment by solving the "Financing problem" of small-and-medium-sized enterprises.During three-transaction periods of enterprise financing mode in China, as it presents multi development trend, we should also through multi modes to solve "Financing problem". According to the experience of developed countries, speeding up the reform of SME' outer environment, transferring financing awareness inside of SME are all selective means to solve the problem of SME financing and it will also accelerate and enlarge the development of SME.