A Case Study Of "Growing Loan" Case By Chengdu High-Tech Zone To Ease The Financing Difficulty

Since the ninety's of last century,the financing problems of SMEs has become the national academic and industry focus.Small and medium sized enterprises(SMEs)although the volume is small,but a large number in relation to a country's economic,social,cultural and other aspects,to the technology innovation,new employment and stable economic aspects has an important role,and has already become an important motive force for the national economic development,adjusting the economic structure.Our country is no exception,small and medium enterprises in China,especially the high-tech small and medium enterprises,often mastered the intellectual property rights of some of the major strategic significance,in the research and development of new technologies,launch new products with outstanding performance,become an indispensable force of China's economic structure adjustment.The party's "18" clearly put forward: "science and technology innovation is to improve the strategic support of social productive forces and overall national strength,must be placed in the core of the national development and global position." Emphasize to adhere to the road of independent innovation with Chinese characteristics,implement the strategy of innovation driven development.In the current complex economic environment,to implement the party's innovation drive the development of the strategic implementation,achieve the success of China's economic transformation and sustainable development,must rely on scientific and technological innovation driven force,must vigorously support the small and medium-sized enterprises,especially technology innovative small and medium-sized enterprise vigorous development,and perfect financial support is the key factor for enterprise development..However,due to the subjective and objective reasons,the domestic small and medium-sized enterprises,especially small and mid-sized enterprise is generally small scale,weak financial strength,light assets,internal management is not standard,the benefits and risks do not match,often can not meet the required by the bank credit management system of credit conditions,it is difficult to obtain financing,but these companies tend to have higher research and development capabilities and more new technology patents,money demand has been very strong,and in the absence of financial support,enterprise development is slow or even stagnation,scientific research achievements into productivity it effectively,create social value.Because of our country's credit construction late,information asymmetry is more serious than other developed countries,so the financing difficulties of small and medium enterprises in China is even more severe.The high tech District of Chengdu city government to alleviate the financing case of loan growth case,to alleviate the financing problem of SMEs,the government should do what work,what can be done.From set up the risk reserve,risk-sharing mechanisms such as the arrangement,the key support increased spending on research and development on innovation drive science and technology enterprises,solve the problem of small and medium-sized enterprises lack of collateral,and provide preferential interest rates for small and mid-sized enterprise and rate,reduce the cost of financing,credit financing key support,etc,respectively.In this paper,the main theory,including financial growth cycle hypothesis,Macmillan gap theory,asymmetric information theory,relational loan theory and other economics,finance and management aspects of theoretical knowledge.The analysis found that the government can through the four aspects of policy subject,object,environment,and policies to solve the difficult problem of financing of small and medium-sized enterprises,in the introduction of financing decision is proposed should be efforts to support high-tech small and medium-sized enterprises,to create a good environment for development.