Research On The Development Strategies Of The State-owned Re-guarantee Agencies In Shanxi Province

In recent years, Shanxi financing guarantee industry overall operatedsmoothly.The capital strength of the financing guarantee institutions continued toincrease, the profitability continued to improve, and the ability of risk control kept inthe low level. At the same time, the financing guarantee industry also faced someproblems as the capital structure was not reasonable, the utilization efficiency of theguarantee funds was low, and the cooperation of the bank-guarantee was inequality. Theestablishment of re-guarantee system in Shanxi was an urgent need. From a nationalperspective, Beijing, Jiangsu, Guangdong has orderly established regional re-guaranteeinstitutions step by step. The state-owned re-guarantee agencies in Shanxi Provincewere set up in such a background and shoulder the duty of guiding the healthydevelopment of the guarantee industry.This paper analyzes the necessities of setting up re-guarantee agencies. The authortakes the status of the re-guarantee institutions in Shanxi Province as the background toresearch, analyzes the existing problems of state-owned re-guarantee institutions,and puts forward the development strategies of the state-owned re-guarantee institutionsin Shanxi Province. Nationwide re-guarantee systems has not set up in our country yet,re-guarantee institutions sets up in provinces and cities as the main units. The papermainly introduced Guangdong, Jiangsu, Beijing briefly, foreign re-guarantee industriesmainly focus on the summaries of the successful experiences in Japan, SouthKorea, American, hoping that Shanxi re-guarantee institutions would have referencesthrough the empirical modes at home and abroad.On the basis of relevant experiences at home and abroad, the analysis of theinstitutions behavior,this paper proposed develop strategies of state-owned re-guaranteeinstitutions as composing of target positioning, core ability construction, the key links ofthe development and corporate social responsibility. In the target location shouldhighlight the principles of "three high and three low". The core capacity’s building focuson the capacities of finding the value of industry and judgment of risk identification,with the capacities of financial service resources integration, profit structure optimization, customer resource accumulation and public relationship management. Theauthor puts forward the guarantee system construction, channel construction, thedevelopment of the platform, and the Internet financial integration, risk control, and thesocial responsibility as the key link of the development. At the same time, thegovernment should adopt policy support, capital support, perfect supervisionself-discipline and other security measures to create a good external developmentenvironment for the state-owned re-guarantee institutions. The above developmentstrategies were putting in order to promote the construction of the re-guarantee system,in order to guide the financing guarantee industry sustainably and healthy development,and optimize financial ecological environment of small and medium-sized enterprises.