A Study On The Countermeasures To Relieve The Financing Problem Of Small And Medium - Sized Enterprises In China

Whether in China or in other major developed countries, SMEs are the most dynamic market main body, which accounted for the vast majority of the number of enterprises, and the main force in the scientific and technological innovation and technological progress. They provide most of the new jobs, effectively promote social employment and contribute half of the country revenue. Also, They are the main force to promote industrial upgrading, economic development and social stability. In today’s economic development which is in the new situation, the importance of SMEs is more prominent, which strongly promote China’s upgrading of industrial structure and change the mode of economic development. But the small and medium-sized enterprise access to resources that is not consistent with their contribution, especially in financing problem, due to the current financial system,which refuses to provide a loan to SMEs since their loans feature short, frequency and urgent with high risk and low profits. Therefore, analysing the problem of the existing SMEs’ financing channel and learning from the successful experience of developed countries has important practical significance to explore the countermeasures suitable for the national conditions of our country.This paper adopts the research method of macro and micro analysis、empirical and normative analysis, to discuss in detail the importance of China’s small and medium enterprises to China’s social economy and the financing problems they face, in-depth analysis of the existing problems of the main financing channel of SMEs in China and to learn from the countermeasure the USA deal with their SMEs’ financing difficulties. Based on this and China’s national conditions, combined with the relevant case this paper obtains the fundamental solution to the financing problem of small and medium-sized enterprises in China—tending to SMEs from the layer of law, government agencies, financial, fiscal and social service agencies systematically. Through all these countermeasures, we can make the financing problem of small and medium-sized enterprises to enter a benign cycle and ultimately promote effectively the development of small and medium-sized enterprises.