Sme Financing Problems And Countermeasures

Small and Medium Enterprises (SMEs) play a very important role in the development of social economy and are the pillar of national economy. Till October of 2006, the number of SMEs was over 42 million, about 99.8% of the enterprises in the whole nation. The value of the final products and services that are produced by the SMEs is about 58% of the GDP in the nation, the number of the products is 59% of all the amount of sales in our society, and they pay about 50.2% of all the tax. What is the most important of all, the SMEs provide more positions and ease the employment pressure. At the same time, the SMEs play a more and more important role in adjusting the structure of economy, in improving the reforming and opening, in establishing the market system, and in building a hamonious society. However, the role of the SMEs is not proportional to its position in the economic environment. The hardship of financing has been the illness of preventing them from developing, although the nation had spared no effort to open the "glass door" in many ways, such as the government, the financial agent and some nongovernmental organizations in order to improve the living environment of the SMEs. We see it, but we can not touch it. Acturally, the difficulty is not changed fundamentally.Knowing the problems that they are facing corretly is very important in improving sustained development of our national economy. This article combines the complex and changeable situation of the economy with the rights, obligations and duties and the common requests and contradictions of the government, the SMEs, the financial agent, the media, and the Guarantee Company in the reform of system, the change of function, the orientation of the market, the value orientation and the management of business on the process of economic transformation. It uses the analyses of the examples and the researching method of comparison. By using the typically examples, cases, and the phenomena, the article is based on the Finance, the Economics, and the Organization Behavior, and it analyses the reason of the difficulty of financing of the SMEs. By comparing the advanced experience and theories of both home and abroad, it gives us a conclusion of the possible ways and solutions of the SMEs that adapt to our national conditions.