Research On Financing Of Smes In E-Commerce Supply Chain Finance

Small and medium-sized enterprises(smes)are an important part of China's market players and an important pillar of the national economy.Due to the characteristics of "short,small,frequent and urgent" financing needs,smes have high financing costs,unequal returns and risks,and obvious disadvantages compared with large enterprises.Some small and medium-sized enterprises have high operating risk and low credit level.Some enterprises even do not have their own plant and equipment,lack of effective mortgage assets,and have information asymmetry and other problems.How to effectively solve the financing problem of small and medium-sized enterprises has become a major problem in China's economic development.In recent years,fintech,which mainly focuses on Internet,artificial intelligence and big data,has penetrated into the financial field,integrated new technologies into traditional financial business,reshaped the traditional financial business,and promoted the supply chain financial services of e-commerce platforms with new business platforms.The booming development of supply chain finance in China has provided a new way of thinking for solving the financing difficulties of small and medium-sized enterprises and triggered revolutionary changes in the whole industry.By establishing financial companies or entering into the supply chain finance field through cooperation with Banks and other financial institutions,the Internet e-commerce platform aims to build a rapid financing platform for private enterprises and provide financing services for smes in the supply chain,which effectively alleviates the financing difficulties of smes.With the development tide of fintech,many e-commerce platforms dedicated to serving individual users and small,medium and micro enterprises have emerged in China.It has been six years since the emergence and development of jd digital science.With its strong competitiveness,it has stood out and played an exemplary role in alleviating financing problems of small and medium-sized enterprises.Its development model is worth studying.This paper compares traditional financing modes of small and medium-sized enterprises(smes),summarizes their experience and shortcomings,and comprehensively analyzes thecharacteristics and development process of e-commerce supply chain finance by combing relevant domestic and foreign researches in this field and combining with relevant theories,so as to introduce the development mode and advantages of e-commerce supply chain finance in the context of Internet.Taking jingdong supply chain finance as an example,this paper analyzes the financing mode and effect of jingdong platform for small and medium-sized enterprises,and puts forward some reasonable Suggestions.This paper firstly introduces the business field and development process of jd digital and points out the reasons for its development of supply chain finance.Secondly analyzes the jingdong supply chain financial service for small and medium-sized enterprises financing mode and financing characteristics,this paper introduces the jingdong for service of small and medium-sized enterprise financing products,it is concluded that jingdong supply chain finance financing cost is low with high efficiency,better service for small and medium-sized enterprises such as conclusion,proved that the electric commercial financial support for the micro,small and medium enterprises financing;Finally,in view of the problems existing in the development process of jd digital science,feasible Suggestions are put forward from various aspects,so that jd supply chain finance can develop healthily in the process of serving small and medium-sized enterprises,and other e-commerce platforms can be used for reference.