Research On Construction Of Small And Medium Enterprises Credit System In Henan

Since the reform and opening up, the small and medium-sized enterprises obtain the positive development environment and make remarkable achievements with the support of the government. As an important part of the national economy, the small and medium-sized companies become vital force in the progress of our social and economy development.However, in the progress of development, small and medium-sized companies also encounter a series of problems, especially the issue of financing difficulty. The study found that the further reason for the financing difficulty of the small and medium-sized enterprises is that the credit system construction of the SME(small and medium-sized enterprises) isn’t perfect. For example, the small and medium-sized enterprises’ credit consciousness are weak; the honesty and credit evaluation system of the SME also is not well; the bad credit guarantee mechanism of the SME and the lack of the punishment mechanism and credit management laws, which all restricts the further development of the small and medium-sized companies. The credit system of the Henan province SME isn’t perfect in many aspects, including the small and medium-sized enterprises’ credit service organization, credit management system and the credit management laws and regulations. Therefore, the improvement of small and medium in Henan province credit system as soon as possible is the key to remove the small and medium-sized enterprise development obstacles.The construction of the small and medium-sized enterprises’ credit system in Henan Province is the research object. This paper analyzes problem of asymmetric information between the SME and the bank by using the game theory. Solving the problem of information asymmetry is in favor of protecting the interests of banks and enterprises. Clarify the meaning, the characteristics and effects of the SME credit system, and then study the status of SME credit system construction in Henan Province, analyze the SME credit system construction problems and their imperfect hazards. Learning from the experience of the SME credit system construction in the United States and Japan, the paper give tentatively suggestions from four aspects: promote SME credit culture system construction, establish a scientific system of credit rating and guarantee institutions, and improve the dishonesty punishment system for SME and perfect credit laws and regulations, which are may help to the SME credit system construction.