Research On The Financing Channel Selection Of Small And Micro Enterprises In Shihezi City Of Xinjiang Production And Construction Corps

Small and micro enterprises are important carriers of mass entrepreneurship and innovation.They play an increasingly important role in stabilizing economic growth,promoting reform and expanding employment.The healthy development of small and micro enterprises is related to the overall situation of economic and social development,not only to the healthy and stable development of the whole national economy,but also to the smooth realization of China's economic transformation and upgrading goals.The Party Central Committee and the State Council attach great importance to and enhance the financial services to small and micro enterprises.Although positive results have been achieved,there is still a large gap between the development needs of small and micro enterprises.For Shihezi City,the development of small and micro enterprises is still facing many constraints,such as the single financing channel,the awareness and satisfaction of the owners of the financing channel are many deficiencies.Therefore,how to keep up with the Corps policy response,release the vitality of small and micro enterprises,and alleviate their financing difficulties has certain urgency and practical significance.However,due to the poor qualification,low credit rating,lack of collateral or corresponding guarantors,and poor financing channels of small and micro enterprises,compared with large and medium-sized enterprises,small and micro enterprises are faced with certain financing discrimination,so it is difficult to choose the best financing channels voluntarily.In addition,banks and other financial institutions,as the primary channel of external financing for small and micro enterprises,lack the enthusiasm of credit support for small and micro enterprises due to the consideration of risk and income.On the basis of consulting relevant literature at home and abroad,this paper first carries out a questionnaire survey to explore the financing channel selection of small and micro enterprises in Shihezi City,and makes a multi angle analysis of the survey results to analyze the current situation of the financing channel selection of small and micro enterprises in Shihezi city;secondly,it makes a deep analysis of the survey results to explain the existing financing channel selection of small and micro enterprises in Shihezi city Problems;introduce the typical cases in the process of research again,analyze the difficulties faced by small and micro enterprises in the selection of financing channels,compare and analyze the reasons for the poor financing channels,and put forward corresponding mitigation measures on this basis,in order to pave the way for the following countermeasures and suggestions;then put forward the development from the government,formal financial institutions and small and micro enterprises themselves Finally,the paper puts forward the research conclusions,deficiencies and prospects.The main conclusions of this paper are as follows:(1)small and micro enterprises in Shihezi City have a single financing mode and narrow financing channels,which leads to the failure of local small and micro enterprises to achieve the relative optimization and improvement of financing composition,increases the financial risk of enterprises,and makes the production and operation of small and micro enterprises face multiple threats;(2)the gender,age and education level of small and micro enterprise owners affect their financing channels The choice of Dao has a certain impact;(3)the strength of small and micro enterprises,such as the number of employees,operating years and operating income,has a very important impact on the choice of their financing channels;(4)at present,the imperfect credit evaluation system is the primary factor affecting the choice of financing channels for small and micro enterprises,coupled with information asymmetry,which further aggravates the financing constraints they are facing.