Financing Difficulties Of Smes Credit Guarantee And China

In the view of development of global economy, the survival and development of small-and-middle-sized enterprise (hereinafter called "SMEs") is a key component of economy of all countries and also a common issue in the whole world. SMEs provide extensive job opportunities and are driving economic increase. SMEs are also the provider of social worthiness; over 40% of GNP is created by SMEs. Meanwhile, SMEs is the disadvantageous group in the social economy group. Comparing with large enterprises, SMEs meet many difficulties. Although SMEs have many disadvantages and difficulties, most countries pay great attention to the development of SMEs because the greatest contribution of SMEs to a country or region is to improve society stability. The practice shows that the extensive development of SMEs is the only way to ensure the possibility of sufficient employment.By analyzing the financing composition of SMEs, the article puts forward to the measures to solve the financing difficulty of SMEs, describes the economics theory of guarantee and analyzes the current difficulties of Guarantee Company and measures to solve these difficulties.