Research On Financing Needs And Its Influencing Factors Of Small And Micro-enterprises In Anhui Province

At present,the overall recovery of the world economy is sluggish,China's economic growth rate has slowed down,small and micro enterprises have become an indispensable force to promote the development of the national economy.They can improve people's livelihood,alleviate employment pressure,increase national tax revenue,stimulate economic development,and increase market inclusiveness.Supporting the healthy development of small and micro enterprises,especially solving their financing difficulties,has been highly valued by the government.As Anhui province grasps the historical opportunities of the “Rise of Central China” and the “The Belt and Road Initiative”,its economy develops rapidly.With the unique geographical advantages,Small and micro enterprises have also achieved leapfrog development in Anhui province.However,the ability of financial institutions is limited,which has caused the financing needs of small and micro enterprises in Anhui province to be unsatisfied.This dilemma has become an important factor that seriously restricts the development of small and micro enterprises.Studying the financing needs of small and micro enterprises in Anhui province has practical significance for improving the financing environment of small and micro enterprises in Anhui.It also has reference meaning for other economically under-developed provinces in optimizing financial markets and promoting economic transformation.The satisfaction degree of financing needs is an important indicator for measuring the service capabilities of financial institutions,as well as the implementation of national support policies.At present,the satisfaction of financing needs of small and micro enterprises is low general not low,which shows that the support policies do not reach the expected effect,and the service capacity of financial institutions should be improved.The research on the influencing factors of the satisfaction degree of financing needs will provide a basis for further solving the financing difficulties of small and micro enterprises.This paper selects small and micro enterprises in Anhui province as the research object,and the statistical analysis method is used for analyzing the influencing factors of the satisfaction degree of financing needs of small and micro enterprises.In addition,some policy recommendations for improving the financing satisfaction degree of small and micro enterprises are proposed.This paper mainly includes the following aspects:First,the background and significance of the selected topic of the article are expounded,and the relevant literature on the financing of small and micro enterprises is also reviewed.Secondly,after summarizing the characteristics,uses,and the related theories of the financing needs of small and micro enterprises,the relevant data on the present situation of financial development and small and micro enterprises in Anhui province were collected.Moreover,the problems in the financing of small and micro enterprises are summarized.From the perspectives of government,enterprises and financial institutions,we analyze the reasons for the financing problems of small and micro enterprises.Then,a preliminary analysis of the data from this survey is conducted,and a multiple linear regression model is established to explore the influencing factors affecting the financing needs of small and micro enterprises in Anhui province.Finally,based on the actual development status of small and micro enterprises in Anhui province,this paper puts forward some countermeasures and suggestions to solve the financing difficulties of small and micro enterprises and to improve the financing satisfaction of small and micro enterprises.