Legal Regulation And Empirical Study Of Micro-credit Companies In China

Financing difficulties faced by SMEs and rural areas is a worldwide challenge.In China,SMEs are important aspects of solving employment problems, so, while we studied highfinance services, we should also look at the issue of inclusive financial services. We must belooking for a breakthrough and innovative low-end financial supply. So, the introduction ofnew financial institutions and improving the financial service system of modern low-end andsolving the financing difficulty of small enterprises and rural areas of Micro-credit companiescame into being. Micro-credit companies on reasonable allocation of local financial resourcesto alleviate the three rural and funding shortages faced by the development of SMEs play anactive roleIn2005, the folk jot loan company experiment site which leads by the People’s Bankunfolds comprehensively, which means that private capital officially entered the microfinancemarket. After eight years, micro-credit company in China is still in the exploratory phase.Facing the complex economic society background, the healthy development of a micro-creditcompany deserves further attention. This article takes Heilongjiang’s Micro-Credit company asobject of study. Through the comparative analysis, the real diagnosis analysis and thesynthetic study method the nature localization, the capital source channel which exists to thejot loan company narrow, the region limit unreasonable as well as supervising and managingdoes not arrive and so on the legal matters to prove. Full text is divided into five parts. It throughthe Micro-Credit company and analyzed our country’s Micro-Credit Company’s managementpresent situation and the legal matter which exists in the management. From the clear guidingideology, the nature of positioning, regulatory body, sources of funds, and institutionalconstruction recommendations of financial innovation and development of Micro-Creditcompanies, which was the focus of the text. Micro-Credit companies should be givenquasi-legal status of financial institutions regulated. Building the future development of theroad in order to achieve the sustainable development of Micro-Credit companies and servesfor rural, enriches our country’s financial ecology.