Study On The Influence Of Financing Constraint On SME Export

In recent years,with the rapid development of China’s export trade,export-oriented small and medium-sized enterprises have not only promoted national economic growth,but also properly solved many social employment problems,and become the pillar force of national economic development.However,since the outbreak of the financial crisis in 2008,the development of export-oriented small and medium-sized enterprises has been greatly hit,and China’s export trade has also ushered in unprecedented challenges and pressures.With the changeable international trade environment,there are high sunk costs and export risks.The deterioration of financing environment directly affects the export behavior of export-oriented small and medium-sized enterprises,so improving and solving financing problems has become the primary task of export-oriented small and medium-sized enterprises.Only by continuously enhancing competitiveness in the international market can China’s foreign trade maintain a stable development.As an emerging developing country,China is currently in an important period of economic growth and the transformation of foreign trade export structure.Deepening financial reform and improving the external financing environment have become an important development task.Due to the important role of China’s export trade in the national economy,the research on the impact of the financial environment on export behavior has a very obvious practical significance for promoting economic development.This paper deeply analyzes the relationship between the financing constraints of SMEs and their export trade practices.Firstly,it comprehensively summarizes the current situation of export and financing constraints of small and medium-sized enterprises in Beijing,Tianjin and Hebei,analyzes and discusses the current situation of export and financing constraints of small and medium-sized enterprises in Beijing,Tianjin and Hebei,and points out various problems existing in the export trade link of small and medium-sized enterprises in this stage.Secondly,it puts forward hypotheses around the relationship between financing constraints and the export behavior of small and medium-sized enterprises,and constructs an empirical model combined with the mathematical derivation process and the actual situation of enterprise export behavior.Then,empirical analysis is carried out to study the impact of financing constraints on the export behavior of small and medium-sized enterprises from multiple dimensions.Finally,it summarizes the results of empirical analysis,gives specific conclusions,and puts forward specific suggestions to improve the export financing constraints of small and medium-sized enterprises,so as to promote the development of export trade behavior of small and medium-sized enterprises in China.