Small And Medium-sized Enterprises In The Transition And Upgrading Of Finance Support Research

As far as Chinese economy at the stage of transition is concerned, the small and medium-sized enterprises are the most dynamic part, which develop fast and play a more and more important role in economic development. China has about 99 percents of the enterprises of medium and small sizes, and small and medium-sized enterprises contribute more than 60 percents to GDP, more than 50 percents to taxation, and provide more than 75 percents of working posts in cities and towns.With the increasing pressure from employment, the advantage of small and medium-sized enterprises solving the employment is becoming more prominent. However, there exist many problems in the development of small and medium-sized enterprises, which affect the sustainable development of the whole country. Only by blending into global industrial chain can small and medium-sized enterprises in China better realize the upgrading of industrial structure under the background of globalization, go forward to the industrial chain of high-end. In the process of positively blending into global industrial chain and realizing the upgrading of industry, small and medium-sized enterprises cannot do without financial support, but "financing difficulty" has been a barrier that limit the development. On the first half of 2008, about 67,000 small and medium-sized enterprises closed down because of the collapse of capital chain, two thirds of the enterprise faces restructuring. The problem of how to change the vitality of the small and medium-sized enterprise growth into the impetus of financial support, change its restriction factor into the point of strength of financial support, provide better financial support for small and medium-sized enterprises not only is necessary to realize sustainable, stable economic growth and relieve employment pressure but also it has the important meaning to solve the financial structural conflict during the operation of Chinese finance, and to promote financial development.This paper begin with the overview of related theories and on the basis of summarizing the theories of domestic and foreign relevant financial support for small and medium-sized enterprise and empirical research the questionnaires are designed to investigate the financing problems of the small and medium enterprises in Zhejiang province, through the questionnaire to the small and medium-sized enterprises in Zhejiang province. Through distributing questionnaires, financial statuses of 295 small and medium enterprises have been investigated. On the basis of this, three questions have been systematically analyzed, such as the characteristics of small and medium enterprises development, the financing problems of Zhejiang small and medium-sized enterprises during transformation and upgrading, and the cause of financial straits of Zhejiang small and medium-sized enterprises during transformation and upgrading, and finally put forward a way for transformation and upgrading of the small and medium-sized enterprises supported by our finance at the present stage.The main financial support ways include:Ⅰ. To the enterprises-small and medium-sized enterprise should self-improveⅡ. To the government -the support of government should be implementedⅢ. To create financial service system suitable for small and medium-sized enterpriseⅣ. To promote the construction of the guarantee system and credit system...