Research On The Relief Of Financing Constraints Of Private Enterprises

Under the impetus of reform and opening up,private enterprises and the private economy have developed rapidly,and their role in the national economic system has been increasing.Private enterprises have contributed nearly 80% of jobs to the society,and more than 70% of industrial output added.Compared with the state-owned economy,private enterprises have a lower status in the resource allocation structure,and the financial resources obtained are limited,and the contribution rate of enterprises in the national economic system does not match,due to financial policies,government policies,macroeconomics,and business development.For other reasons,the problem of shortage of funds,difficulty in financing,and expensive financing has become a bottleneck for the sustainable and healthy development of private enterprises,which has seriously affected their ability as market players in market competition.X City Economic Development Zone was founded in 1992.Since its establishment,it has continuously optimized the industrial system,promoted entrepreneurship for all,increased investment,and created a favorable policy environment for foreign investment.Currently,the economic zone has formed a “3+2”.The industrial system,the modernization transformation and upgrading process of agriculture,manufacturing and service industries are accelerating,and the proportion of emerging industries is increasing.By the end of 2017,there are 223 registered private enterprises in the region,of which 83 have been industrial enterprises above designated size.To achieve the growth of industrial enterprises above designated size for eight consecutive years,and to double the number of industrial enterprises above designated size in 2011,with a considerable growth rate.However,at the same time of rapid development,private enterprises in the Economic Development Zone of X City have also encountered problems such as large financing gap,single financing channel and high financing cost.They are looking for factors that restrict their development and explore solutions to become a private enterprise in the Economic Development Zone or even the whole country.The key to the healthy development of the current socialist market economy.This paper starts from the theoretical point of view,defines the concept of private enterprises and financing channels,then introduces the analysis of the financing status of domestic private enterprises,takes X-city economic development zone as a sample to study,determines financing sources,financing structure and financing constraints,and analyzes The capital situation of private enterprises in other provinces increased the integrity of the research.Then it analyzed the causes of private enterprise financing constraints from macro and micro.Finally,it put forward widely applicable countermeasures to solve the financing constraints of private enterprises.It is hoped that through this research,new ideas will be provided for the effective financing of private enterprises in X City Economic Development Zone to reduce the difficulty of private financing and promote the domestic economy to generate new vitality.