Study On Legal Issues Concerning Financing Of China’s SMEs

The reform and opening up and the market economy has driven the development of small and medium sized enterprises, and small and medium-sized enterprises have become an indispensable part of China’s economic development, the rapid development of small and medium enterprises can provide more jobs for the society, social contradictions can be effectively slow solution, social welfare will be greatly improved, effectively promote the optimal allocation of market resources, to promote the steady development of the national economy has played a positive role. For a long time, because of the economic structure, enterprise’s own development and other reasons, the development of small and medium enterprises is limited, especially in the development of small and medium enterprises financing difficulties, financing difficulties. China’s small and medium-sized enterprise owners have been plagued by the problem of financing, which restricts the development of small and medium enterprises. Imperfect capital market, the bank’s loan approval difficult, private lending market confusion, and the lack of enterprise financing capacity, resulting in small and medium enterprise financing difficult problem in the short term is difficult to get effective solution. In recent years, the development of small and medium enterprises in our country get some attention: on the one hand, the state has promulgated a series of laws and regulations; on the other hand, the provinces and cities in the establishment of small and medium enterprises development fund, to encourage Guarantee Corporation to small and medium enterprises for the service object, etc.. China should integrate existing resources from the point of view of law, and explore the effective financing way and service mode of China’s national conditions, which is in line with China’s national conditions, in accordance with the legal guarantee, financing, credit guarantee and so on. Give full play to the role of small and medium financial institutions, establish the policy banks of small and medium enterprises and improve the folk financing legislation, solve the financing problem of small and medium-sized enterprises, and promote the healthy development of small and medium sized enterprises in china.