The Development Of Small And Medium-sized Financial Institutions To Promote Private Development Of Smes

The economic development of every country in the world shows that the healthy development of small and medium-sized enterprise is not merely a micro economy question, but effect the macroscopical economic quality. Great Germany famous economist Wei had said that: "The small and medium-sized enterprise always plays a key role in market economy, the same too in Germany, U.S.A. and the socialist market economy of China". The small and medium-sized enterprise has strategic position that can't substitute by the other enterprise in realistic economy and social development. As the deepening of SOE reform and the aggravation rubing among new institution and old institution, the enormous function of the small and medium-sized enterprise is paid attention to by personages of various circles day by day. The embarrassment of the small and medium-sized enterprise .especially his finance difficulty, come into being the focus. At present, the study on question of small and medium-sized enterprise in the theory circle is mainly concentrated on the following: The first, discussion of the importance of small and medium-sized enterprise; Second, management of small and medium-sized enterprise .especially the finance difficulty; The third, to the reference of experience outside the country; Fourth, combining our country national conditions people discuss the particularity of ways of finance the enterprise. These research has enriched and promoted our understanding to the question of small and medium-sized enterprise greatly, producing certain positive impact on the policy aspect.Besides, we must realize, the research to the question of small and medium-sized enterprise, especially study on financing question of small and medium-sized enterprise in our country also remains during the course of starting too. Some important theoretical questions still need to be probed into further. The research of experience needs to be strengthened too. In theory, the emphases mostly put on the external environment condition of financing of small and medium-sized enterprise, having not linked closely to the characteristic of growing up in the course in the small and medium-sized enterprise and China's special national conditions. So, the discussion especially the suggestion to the financing difficult problem of small andmedium-sized enterprise , apt to present some deviations to the reality, or cannot present the question clearly.This text analyses in depth the important function given play to under the special economic background of our country of small and medium-sized private enterprise theoretically at first, especially the great function in solving the employment problem. On the basis of this, combined the achievement of modern economics about financial system ,this text analyzes basic reason of the financing difficulty of small and medium-sized enterprise of our country and put forward the solution. The article thinks , compared with market economy country , on one hand, our country lacks the sound credit system, so the trade expenses between the both financing sides are extremely large, increase the degree of difficulty of financing; on the other hand resources of workforce of our country are relatively abundant, but the capital is relatively scarce; These two major characteristic feasible small and medium-sized enterprises-which is mainly a labor-intensive small and medium-sized enterprise -can play a important role in the course of economic development of our country. The reason is lain in : First, Chinese-is retrained by the inform system - which heavy blood relationship, heavy human feeling-The reducing making the small and medium-sized enterprise can decease the expenses of financing obviously under the condition of scarce sound credit system; Second, the smalls and medium-sized enterprise of our country mostly adopt the labor-intensive mode of production in conformity with natural endowment characteristic of resource of our country, whose ability of surviving is strong. However, the traditional planned economic system was...