Nowadays, has a great influence on the development of small and medium-sized enterprises in China on the operation of social economy, it improve the economic growth and ease employment pressure and promote the progress of science and technology and the stability of the good social order have played a very important role, especially in terms of economic growth, small and medium enterprises to promote the role is irreplaceable the. Whether in developing countries or in developed countries, the small and medium-sized enterprises have formed or forming a pillar of strength for its national economy in the future. Visible, the development problem of small and medium-sized enterprise is very worthy of our attention. And the healthy development of small and medium-sized enterprises in practice it faces the factors, especially the financing factors, which greatly restricts the development of small and medium enterprises.The credit guarantee mechanism to generate in order to solve this problem is due to credit level operation in practice is not high, lack of funds and other issues with higher risk burden. Now, because of China’s credit guarantee legal system and risk control mechanism is not perfect, make the risk to a large concentration of credit guarantee institutions. And the risk of excessive concentration and high compensation rate problem caused the decline of credit guarantee institutions guarantee ability, which seriously impedes the function of financing credit guarantee institutions. Therefore, we must seriously study the foreign mature experience, and strive to build a line with China’s actual situation of credit guarantee legal system and risk control mechanism, and then solve the plight of SMEs financing in China’s economic development.The main content of this article has four parts:the first part is about the basic theory of exposition of credit guarantee. The paper simply introduces the basic and fundamental analysis of this chapter on the meaning of credit guarantee, the emergence and development of history and legal nature of the problem, to lay a good foundation for the following research system of prevention and control of risk. Risk source and transmission mechanism of the second part, in-depth study of the credit guarantee institution risk and credit guarantee institutions, the specific performance and the main causes to introduce risk. And the forms of China’s credit guarantee risk summarized as compensation, flow and reputation risk. The third part is to the credit guarantee agencies American, Japan, South Korea’s legislation and practice of comparative risk control. In countries on the risk control of comparing the legislation and practice, summed up the valuable experience of relatively mature, provide some good reference for perfecting our country’s risk control system. The fourth part based on the above analysis of the causes of these risks further occurred because of China’s credit guarantee legal system, supervision mechanism, there are some defects in the system of internal risk control of credit guarantee institutions and external risk pre control system which leads to lower the ability of risk prevention and control. Finally, aiming at the risk of the credit guarantee institutions in China for reasons, and compare the learning foreign scientific legislative experiences and practical results, to start the construction of credit guarantee legal system and strengthen the Credit guarantee institutions supervision and internal risk control and to strengthen the control of external risks such as these to the risk control system of China’s credit guarantee institutions to improve. |