Research On Countermeasures Of Small And Micro Enterprises Financing In Sichuan Province From The Perspective Of Public Policy

China’s small and micro enterprises account for more than 90% of all market players,contributing more than 80% of national employment,more than 70% of invention patents,more than 60% of GDP,and more than 50% of taxes.They are expanding employment,increasing income,It has an irreplaceable role in improving people’s livelihood,promoting stability,increasing taxes,and a market economy.It has made outstanding contributions to promoting national economic growth,improving people’s living standards,and promoting production and technological progress,and has played an irreplaceable role in China’s economic development.Because small and micro enterprises play an important role in social and economic development,when small and micro enterprises face financing difficulties,the government has the responsibility and it is necessary to alleviate financing difficulties through rational formulation of policies and precise measures.First,by analyzing a large amount of data,this article finds that due to discrimination against small and micro enterprises due to bank loan investment and guarantee requirements,the shrinking of small loan business every year has increased financing difficulties.At the same time,due to higher online lending and P2 P interest rates,different guarantee company charging standards and market chaos have led to higher financing costs for small and micro enterprises.Secondly,this article combines a questionnaire analysis of the financing status of small and micro enterprises in the province,systematically investigates the current status of government support for small and micro enterprises,and analyzes the existence of excessive reliance on banks,neglect of private financing,and direct financing thresholds in our policy formulation.Higher phenomena;in the implementation of policies,there are phenomena such as decentralized management functions,deviations in implementation,incomplete insurance division mechanisms,and slow credit system construction.Problems at the policy formulation and implementation level are an important inducement that makes financing difficult in our province.Finally,by studying and drawing on the main methods and enlightenments of supporting small and micro enterprises in financing in advanced areas at home and abroad,it is pointed out that the government has the ability to alleviate financing difficulties through reasonable governance.Focusing on how the government can alleviate the financing dilemma,specific suggestions have been put forward,including the establishment of specialized institutions,increased guidance from financial institutions,promotion of the establishment of insurance reinsurance mechanisms,optimization of a multi-level financing system,emphasis on private financing,and sound credit and legal supervision systems.