The Research On The Risk Resolution Of Guarantee Circle In Wujiang

At present,there is no uniform definition of the guarantee circle.In practice,under normal circumstances,China's commercial banks for risk control considerations,to the enterprise loans,require enterprises to meet the bank requirements to meet the collateral or guarantee guarantee.Generally understood,given to the guarantee circle is defined as: a number of enterprises through mutual guarantees linked together,and the formation of the relationship between the security and capital chain as a link to the special interests of the collective.In 2008,China's government launched a four trillion investment project nationwide,a kind of economic rapid warming in the market spread,but in fact,the market's spending power is still insufficient,the demand is still low.At the same time,the bank credit policy also will be relaxed.In the loose monetary policy stimulus,many business owners began to commercial banks to borrow money for the expansion of production or foreign investment,corporate debt levels increased rapidly.Among them,many enterprises can not provide sufficient mortgage assets,in order to be able to obtain credit funds from banks,through the way to complete the financing of security,mutual trust between enterprises gradually appear.Through upstream and downstream or other related relations,a number of enterprises gradually formed between the mutual insurance and chain guarantee relationship,resulting in the transfer of the responsibility to each other,resulting in the relationship between the capital chain relationship,the guarantee cycle gradually formed.The impact of four trillion huge investment gradually fade,the national economic downturn is obvious,a serious decline in business efficiency,foreign investment income fell significantly or even a loss.Bank credit policy with the adjustment,but at the same time,many companies because of pre-development ideas wrong,business problems,funding chain more and more tight,until completely broken.After the risk of an enterprise,the other members of the guarantee circle will soon be passed to the risk,the moment to form a "domino effect",resulting in systemic risk,a significant negative impact on economic development.This paper first analyzes the object of the study,the relevant theoretical basis and the research experience,on the basis of reviewing the process of economic development in Wujiang area and the evolution of Wujiang area guarantee mode,attempting to find the correlation between them From the government policy guidance,the bank's business trends and the development of enterprises and the relationship between the three main points of departure,analysis of the true cause of the guarantee circle,and from the government,banks,enterprises and other aspects of the guarantee circle of harm,Through the Wujiang area guarantee circle to resolve the actual case study to further reflect on the current risk in the guarantee circle to resolve the process of the shortcomings.Through the combination of theory and example,put forward the government,banks,enterprises in the process of defusing and guarding the risk of the guarantee cycle of the measures,and ultimately through the system innovation,business innovation and other means to achieve the government,banks,enterprises win-Economic sustainable development.