An Study On The Problem And Countermeasures Of Small & Micro-enterprise Financing In China

Small & Micro-enterprise(SME) financing difficult problem is a worldwide topic, western developed countries for SME from the development of laws and regulations or government support is very important, they formulate corresponding policies to protect the development of SME. The development of SME in our country has just started, SME due to their own management level is limited, the level of information is low, the lack of reliable collateral, corporate financial situation is opaque, the system is not perfect. Led to the bank in the case of incomplete information, it is not easy to apply for loans by SME, resulting in SME funding strand breaks, on the verge of bankruptcy. In this paper, the research methods of theoretical analysis, through to SME and bank financing behavior game analysis, summarize the cause of SME financing difficult reason, scientifically and systematically put forward the feasible suggestion will to solve our country SME financing difficult problem helpful.This paper is divided into six parts. The first chapter is the introduction, mainly introduces the research background, significance, review and summary of domestic and foreign scholars on the development of SME financing research status, as well as the research ideas, research content, research methods, innovation. The second chapter is SME and financing theory foundation, introduces the division of SME, the importance of SME, which is popular in the international financing of the classical theory, game theory and SME financing mode, financing channels, etc. basic theoretical knowledge. The third chapter is the introduction of SME in foreign countries and the developed countries of the United States, Japan, Italy and other countries in the developing countries are worth learning from the financing of China’s development experience. Chapter 4 is the causes of China’s SME financing status and financing difficult problem, SME development and financing channel mismatch, financing policy and practice of inconsistent effect summed up SME financing difficult reason. In Chapter 5, through the game theory to discuss the financing game between SME and banks, respectively under the condition of complete information, incomplete information and introducing government departments involved in the three angles of the analysis, summarized the game equilibrium. Chapter 6 is the methods and proposals to solve the problem of financing SME, starting from the point of view of the government, SME of their own point of view and financial institutions, the paper puts forward the corresponding countermeasures and suggestions to resolve the plight of SME financing.