China’s Small Enterprises Credit Financing Difficulties And Countenneasure Research

Since the1990s, micro-enterprises have become an important driving force to promote China’s marketeconomy and economic growth. It highlights its importance in promoting economic growth, expansion oflabor and employment, promoting technological progress, create social wealth more and moremicro-enterprise development has been more and more people are concerned about. However,micro-enterprise development is difficult to obtain external funding caused by the "bottleneck"micro-enterprises in the development process is facing increasingly severe financial repression.Theory, micro and small enterprises in the form of flexible, smaller, generally think that it can througha variety of different forms of flexible financing for development. In fact, due to the limited capacity ofChina’s capital market, corporate access to external funding channels to various types of bank loans, thus,from the current situation of China’s small corporate finance, from the long-term planning point of view, weshould be through a variety of financing methods to solve the current problem of small business financingdifficulties.In order to alleviate the micro and small enterprises financing difficulties, the government unveiled aseries of measures to protect and promote small business loans to banks to get more of the support of theBank. China’s civil non-formal financial arrangements quietly rising, The rise of these non-formal financialarrangements, is a reflection of the Bank and our other financial institutions can not meet the needs of smallbusiness funding. Informal financial arrangements of folk, this mode of financing, although to some extent,the financial difficulties of the micro and small enterprises play a certain role in mitigation, but in the longrun, the folk of this non-formal financial arrangement are often due to lack the necessary legal protection totrigger a series of social problems.Micro-enterprise financing difficulties, the main reason for "micro-enterprise financing difficult"bottleneck ", highlight the" micro-enterprise development, generally speaking, resulting in a shortage offunds in the micro-enterprises financing difficulties because of the complicated, whether it is from withinthe micro-enterprise view or from the external market and social environment and their own point of view,there are many defects and deficiencies, the main outstanding performance in the credibility of the micro-enterprises and restrictions of its own conditions and the social market financing environment theconcept of social bias and so on.In order to improve the plight of the financing of small enterprises, the need for the social impact of theoriginal and the original operating mechanism to make reasonable adjustments to carry out reasonableadjustment and change, organizational structure and operating mechanism of the China financialmechanism, to open up new ways and means, good market environment in order to facilitate thedevelopment of micro and small enterprises and the creation of To protect small financial institutions toplay a role in general and broad social services to have their credibility to provide protection, theGovernment should speed up the legal system to protect the process, the isolation of credit risk protectionsystem and the actual is not on the policy measures. In the financing of micro and small enterprises creditassets, but also good at drawing and use of new ideas, explore new channels of financing, securitization ofassets is actually applicable to the new era of a new thing of the credit asset finance, credit assets has greatpotential in the development of financing, asset financing for small businesses credit risk of bankruptcyisolation provides a new means need to be paid to micro-enterprise credit financing process anddevelopment. Also ask our government to learn the do useful experience on the basis of socialism based onthe characteristics of China’s national conditions and vigorously to strengthen and improve our commercialcredit reference agencies. To adapt to the international economy and to construct an effective incentive andrestraint mechanisms, practical appraisal system. The bank’s loan officers in their work, the real positiveplay to their initiative to mobilize all positive factors to work diligently to do their own work. The banksand lending companies to achieve the maximization of their own interests. Credit financing of micro andsmall enterprises to create a good atmosphere of the market and establish a sound operational mechanism.In short, the rapid development of micro and small enterprises has become a positive driving force ofChina’s socialist economic development and progress. Popular with the development of great significancefor narrowing the gap between urban and rural areas in China, and prosperity of China’s socialist marketeconomy, the establishment of a harmonious socialist society on the decisive and related to the way out andprospects of micro-enterprise development, credit financing assets strengthen research, practice andexploration, only enough to provide basic protection for the norms of socialist financial markets and thecomprehensive development of the socialist economy, I believe, in the practice and exploration, China’ssmall enterprises must be able to complete the historical mission of the transition, to achieve real social and economic transformation, the modern development of the enterprise.