Research On Financing Problem Of Small And Medium-sized Enterprises In China

For a long time, the problem of financing SMEs plagued the world development ofSMEs. In an economy based on small and medium enterprises in an important position,all countries are against their financing problems of SMEs have adopted differentmeasures to solve.SMEs in China accounted for90%of total number of enterprises, the promotion ofeconomic development I played a huge role. However, the development of SMEs inChina has been affected by the problem of financing constraints, with the arrival of the2008economic crisis, China’s further exacerbate the problem of financing SMEs, such assmall business owners in some southern regions,"foot" phenomenon has developed.Therefore, to explore solutions to financing problems of SMEs in China a good approachis to promote China’s SME development priorities.In such a situation, the article summarizes current situation of SME financing,access to a large number of domestic and international research literature, standing inprevious studies based on the theory combined with China’s actual conditions, micro andmacro perspective from a comprehensive analysis of SME financing causes of difficultiesand to propose appropriate measures to solve the financing problems of SMEs in Chinato provide reference.In this paper, collecting large number of documents, combined with the currenteconomic situation analysis of the current situation of SME financing, and from theperspective of the micro and macro perspective of their current situation causes wereanalyzed. In2004before the SME board listed38companies as samples, from externalfinancing, internal financing and other factors from three aspects of SME financingcapacity factors were analyzed and a mathematical model, borrowed Statistics software for SME financing capacity factors of empirical studies and concluded: firm size,collateral value of corporate assets, bank-enterprise relations, corporate competitiveness,profitability, business growth, the accumulation of their own ability and enterprise abilityto resist risks that affect China’s SME financing capacity of the main factors. Combinedwith empirical findings and status of SME financing Reasons suggested enhancing thecapacity of SME financing proposals, then solve the financing difficulties of SMEs.