Research On The Development Of China's Loan Guarantee Insurance Under The Background Of The Small And Medium-sized Enterprises' Financing Difficulty

Since the reform and opening up,China's small and medium-sized enterprises have made great progress,has been one of the main driving force of the leap-style development of China's economic.Small and medium-sized enterprises have made great contributions to the stable development of China's economy,the harmony and stability of society,the continuous innovation of science and technology.Due to factors such as enterprises' own defects,scale discrimination,the economic system and so on,Small and medium-sized enterprises generally fail to reach the threshold of the stock financing,debt financing,can only be overly dependent on bank loans,exist financing problems.'Financing difficulties' has also become a major bottleneck restricting the development of small and medium-sized enterprises.Along with our country economy enters a 'new normal' and supply side reform is more and more deepening,small and medium-sized enterprises face more severe challenges.How to solve the financing difficulty of small and medium-sized enterprises also has become a main task of the government.In this context,loan guarantee insurance as a financial instrument that effectively transfers credit risk,can help small and medium-sized enterprises obtain bank loans and break through financing bottlenecks.Its inherent advantages of mitigating small and medium-sized enterprises in the financing,has been received extensive attention of the government,experts and scholars.The state has repeatedly stressed the need to accelerate the development of loan guarantee insurance,some areas have been made in the pilot work actively.Based on this,this paper discusses the feasibility and necessity of loan guarantee insurance and how to further improve the loan guarantee insurance system of our country.This paper first introduces the basic concepts of loan guarantee insurance,and through the analysis of China's small and medium-sized enterprises financing bottleneck to analyze the demand and prospects of loan guarantee insurance.Then it analyzes the main risks faced by the insurance companies in the operation of the loan guarantee insurance,and the insurable property analysis of the credit risk that covered by loan guarantee insurance.After that it analyzes the advantages of loan guarantee insurance in alleviating the problem of 'financing difficulty',and what's more,it also discusses how to prevent the financial fraud by means of dynamic guarantee.So that the development of loan guarantee insurance not only has a broad market prospect and feasibility,but also has the necessity.Secondly,it discusses in detail the China's loan guarantee insurance development status,as well as the problems and constraints.Thirdly,through summarizing the development experience of the United States,Japan,put forward the idea and method of worthy of learning.Finally,on the basis of the above,from the government,operators,small and medium-sized enterprises three aspects proposed the rationalization proposal,especially to put forward the new cooperation between banks and insurance companies.Loan guarantee insurance in our country is still in the bud,its development requires not only the efforts of the main business,but also the strong support of the government,so as to help small and medium-sized enterprises overcome financing bottlenecks and help economic development.