On The Perfection Of The Financial Support Policies Of Small And Medium Sized Enterprises In China

Small enterprise financial support policy is mainly refers to the country to promote the rapid and healthy development of Small and medium-sized enterprises, in terms of laws and regulations, financial subsidies, tax concessions, debt financing, equity financing, credit system, the guarantee system solve the financing problem of small and medium-sized enterprises, for small and medium-sized enterprise development to create a favorable external environment and to take various measures of policy. Over the years, China's economy has been focus on the transformation of, from the planned economy transforming to market economy, trying to change their mode of development, optimizing its economic structure. Vigorously develop the Small and medium-sized enterprises for the success of China's economic transformation, maintain the sound development of China's economy has important strategic significance. At present, the biggest problem encountered in the development of small and medium sized enterprises in our country is the shortage of funds. In spite of the great importance of the state, progress has been made in many areas, but there are also many problems, For example, the endogenous financing difficult, debt financing requirements higher, equity financing channels narrow, government subsidies is difficult to implement. These problems are mainly due to the concept of traditional economic development is not changed, the financing channel is narrow, a single high barriers to entry, financing, cost is high, the credit guarantee system is not perfect and other reasons caused. Foreign market economy started earlier, a higher level of development of small and medium-sized enterprises, the internal and external supporting measures are perfect. From the policy support for small and medium-sized enterprises in overseas countries for us to formulate the corresponding support measures has important significance. Combining with the actual situation of our country, the financial support policy of small and medium-sized enterprises is improved from the national strategy:First of all to develop improve to support the development of small and medium-sized enterprises laws and regulations; second, to establish a development to serve the small and medium-sized enterprise based management consulting institutions help small and medium enterprises formulate development strategies in line with its own characteristics, improve the enthusiasm of the development of small and medium-sized enterprises; again to build good SME credit guarantee mechanism; at last, we should establish and perfect the credit system for small and medium-sized enterprises. In terms of specific measures, broaden the financing channels reduce the access threshold, to promote the diversification of financing development, change the traditional financing mode innovation financing way, actively promote the reform of banking financial institutions.