Research On Perfecting Credit System Of Small And Medium-sized Enterprises In China

The survival and development of small and medium-sized enterprises is a topic related to people’s livelihood. As the basic component of the national economy, it plays an irreplaceable important role in improving the employment rate and creating Social wealth. The reform and innovation under the market economic system also need to rely on it. The small and medium-sized enterprises also can promote exports and increase t-he local fiscal revenue.Although in a vibrant market economy, the small and medium-sized enterprises ushered in unprecedented opportunities for development. But the development of small and medium-sized enterprises in our country did a lot of restrictions, just because our country is in the period of economic structural adjustment and reform of the superstructure. At present, the main problems facing SMEs in China is still the problem of financing, to solve this problem, further improvement of the credit system for SMEs must be taken. The improvement of the SMEs can create a good environment for raising capital to get through each link in the finance chain on one hand, one the other hand, changes in the external credit environment can promote SMEs to strengthen their credit management, thereby enhancing the performance capabilities of SMEs, and enhance the awareness of compliance for SMEs, from the source to solve the problem of financing. Therefore, improve and perfect the system of SMEs credit is an urgent action.From the difficulties in financing of SMEs in CHINA, learning from American’s SMEs credit system construction framework, against the problem of financing for SMEs in CHINA, from the SMEs credit laws, SMEs credit construction, SME credit evaluation system, the construction of SME credit guarantee institutions in four areas, the article gives a strong operational strategies and programs On Improving SME credit system construction. Finally, the article also pointed out that the next research directions, in the process of improving SME credit system, how should each subject link to collaborate in order to achieve the desired effect.