A Study On The Difficulties And Countermeasures Of Financing Small Enterprises In China

The hard work of micro and tiny enterprises financing is a problem all over in the world. The answer has not been found although the academic world, the level governments and the practices have been work hard years. But the life force of the micro and tiny enterprises fairly strong and the speed of develop is very quick, and becoming important channel to promote economic growth and increase to obtain employment. During Chinese economy welcoming the second developing opportunity and in the transformation of economic growth in China, it is a view and is problem that the micro and tiny enterprises is to be faced with transformation and upgrading by financing. Only the financing hold out the enterprises to innovate technology, invest devices and research, they will innovate product and stable development. At present, it is already a main problem. This paper analyzes the reason and characteristic of the financing by the micro loan theory. It is a offer to solve the financing problem and policy suggestions.The article analyzes the financing problem by the analyses of the bank, the government, the supervision department, the social intermediary agencies and the enterprises themselves. Using for the reference, the model and the successful experiences, the article discusses the financing problem to set up the specialized institutions and the community bank, to train professional and specialized micro loaning customer managers, to make financial statement for micro enterprises, to expand micro and tiny enterprises financing channels, and so on; the Central Bank build the management system of all people’ credit extension by the credit reference system; the government and the department check and reward the bank and get after it to finance for the enterprises; establishing and perfecting government incentive mechanism and policy; to set up the corresponding insurance agency or to innovate the insurance product in small micro enterprises financing and to provide risk compensation for micro and tiny enterprise financing cost and other social service system; the micro enterprises improve the transparency of managing information of themselves and enhance the strengthen of enterprise financing ability, this will solve the problem.