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Financial Support Of The Development Of Smes In China

Posted on:2005-02-07Degree:MasterType:Thesis
Country:ChinaCandidate:Z P JiaFull Text:PDF
GTID:2206360122480613Subject:Finance
Abstract/Summary:PDF Full Text Request
RESEARCH BACKGROUNDThe position in the whole national economy of small and medium-sized enterprises is becoming remarkable day by day. They play a role difficult to substitute in expanding employment, strengthening social stability and adjusting national economic structure overall arrangement, etc. A lot of countries of the world have made laws, regulations and policy to encourage and support the development of small and medium-sized enterprises. In our country, with the deepening of market economic system reform, small and medium-sized enterprises demonstrate a great vigor in the whole national economy owing to their flexible operation style, cheap organization costs, convenient transformation of organization to advance and retreat. But they still face varieties of difficulties while developing rapidly, which make it extremely difficult for them to develop, especially the problem of funding. Therefore, in order to promote the development of small and medium-sized enterprises, it will be a key to solve the funding problem and offer financing support to them.RESEARCH THOUGHTAccording to the logic sequence of putting forward the problem, analyzing the problem and solving the problem, firstly, the author discussed small and medium-sized enterprises' positive function of promoting the economic growth, creating employment opportunity, promoting the market economic system of our country to be set up, etc. After that, the author explained the factors that restricted the development of them and the funding structure, especially the difficult problem of financing. On the basis of our country's conditions, at the same time by referring to the foreign experience in supporting the finance of small and medium-sized enterprises, the realistic choice of solving the financing predicament of small and medium-sized enterprises of our country was put forward. It is a system engineering to strengthen the financial support for small and medium-sized enterprises, need three sides of enterprise, financial institution and government to take measures together, change the unfavorable factor of restricting financing of small and medium-sized enterprises from subjective, and objective respects progressively. Namely the problem needs to be solved from the internal environment of small and medium-sized enterprises financing, setting up of a sound financial service system of small and medium-sized enterprises and external development environmental construction, etc. MAIN CONTENT AND STRUCTUREThis thesis includes four chapters:Chapter One: Summary of small and medium-sized enterprises. In the first part, the standard of small and medium- sized enterprises of our country was defined. Then the author pointed out that the small and medium-sized enterprises of our country mean the form of scope of the enterprise, its employment volume and annual sales amount have regulation of a certain amount and they contain all ownership forms and various kinds of management styles. This is very important for us to make the proper support policy and offer effective information for financial departments.The second part explained briefly the important function of bringing about an advance in national economy of the small and medium- sized enterprises of our country. The third part introduced the restrictive factors suffered in the fast development of small and medium-sized enterprises of our country. Chapter Two: Financing predicament analysis of small and medium-sized enterprises of our country. The tremendous development of enterprises cannot do without the support of the fund. Usually, there are two kinds of funding channel: one is inner financing and the other is outsider financing. On the basis of financing order theory, combining the relevant data, the financing structure of the small and medium-sized enterprises of our country and financing channel was analyzed. We found that the financing structure of the small and medium-sized enterprises of our country is to rely mainly on indirect financing, namely the b...
Keywords/Search Tags:MEDIUM AND SMALL-SIZED ENTERPRISES, FINANCING CHANNEL, FINANCING WAY, CREDIT COLLATERAL
PDF Full Text Request
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