Analysis On Financing Problem Of SME

Since the reform and opening up, small and medium-sized enterprisehave rapidly developed in our country, which have become an important part ofnational economy and the backbone power to push forward China’s economicdevelopment. Statistics shows that at present the number of small and medium-sizedenterprises registered in the ministry of commerce and industry of our country hasreached more than1000households, accounting for over99%of the total enterprisenumber. The final product and service value accounts for around60%of GDP, andthe contribution to the revenue is more than50%, providing nearly70%of the importand export trade. It also creates80%of jobs for labor in cities and towns, havingmade a great contribution to social stability and economic development.For a long time, due to the influence of the planned economy system in ourcountry, the construction and development of large enterprises has always beenattached to great importance. While small and medium-sized enterprises are in thedilemma which often be belittled and even neglected. Insufficient fund is always astumbling block to the development of small and medium-sized enterprises, makingthe small and medium-sized enterprises walking with great difficulty. Especially inrecent years, the world economy is generally low. The aftermath of the Americanfinancial crisis and the intensifying of the European debt crisis have heavilyinfluenced China’s economy. With the appreciation of RMB and the costs of the rawmaterial and labor rising, the slowdown in demand with domestic monetary policytightening double clamp force, the production and development of small andmedium-sized enterprises encountered unprecedented difficulties, small miniatureenterprise capital chain tension especially highlight contradictions. Most of the smalland medium enterprises close or bankrupt because of rupture of capital chain stuck inthe deadlock. To solve small and medium-sized enterprise financing difficult problemhas become an important subject facing the road to economic development in ourcountry.Small and medium-sized enterprise financing difficulties in our country havetheir own subjective reason, also have external objective cause. To solve the financingdifficulties, SMES need not only their own efforts to improve its financing microenvironment, also need the government and the bank’s active support and cooperationto create a good macro financing environment. This article is based on the currentinternational financial crisis. According to the latest standard of small andmedium-sized enterprises, it mainly regards small enterprise financing in our countryas the research object, and further summarizes the lessons from the internationalexperiences and the domestic small and medium-sized enterprises financing, trying toseek a way to China’s national conditions of small and medium-sized enterprisefinancing way in order to solve the small and medium-sized enterprise financingdifficult and provide the reference for countermeasures in our country.