Study On The Implementation Of Financing Policies For Small And Micro Enterprises In G Branch Of ICBC

Since the reform and opening up,China has always put the concept of development throughout the whole process of governance,from the initial "development is the hard truth" to the "new development concept",the meaning of "development" has been constantly updated and enriched with the changes of the times.The connotation of "development" is constantly updated and enriched with the changes of the times.The 20 th Party Congress proposed that China has entered the stage of high-quality development.At this point,"development" has been given a new connotation,the core of which is to make efforts to solve the problem of unbalanced and insufficient development.At the current stage of China’s development,the unbalanced and inadequate development of large,medium,small and micro enterprises is still prominent,which directly restricts the development of China’s economy.The development of micro and small enterprises not only promotes the development of the national economy,but also plays an important role in social stability and harmony,yet the financial resources available to micro and small enterprises in their production and operation are still scarce.Although financial support policies for MSMEs are frequently implemented at the national level,there are still many problems that need to be solved in the implementation of the policies at the bank level.As the executor of financial support policies for MSMEs,banks play an important role in the process from the promulgation of national policies to the actual benefit of MSMEs.From the perspective of banks’ own profitability,there are more risks for MSMEs than for larger enterprises in terms of loan financing.However,from the perspective of policy implementation,banks cannot reduce or even terminate the issuance of loans to MSMEs due to the risk potential of their financing.The Industrial and Commercial Bank of China(hereinafter referred to as "ICBC"),one of the most asset-rich state-owned banks in China’s banking industry,has implemented measures to support the financing of MSMEs with the support of national policies,but there are still various shortcomings and deficiencies in the implementation of MSME financing policies,which directly affect the support of national policies for MSMEs.However,there are still various shortcomings and deficiencies in the implementation of MSME financing policies,which directly affect the support of national policies for MSMEs.Based on the public policy perspective,this paper selects ICBC G Branch as the research object,analyzes the current situation of the implementation of ICBC G Branch’s financing policy for micro and small enterprises,identifies the problems in the implementation of ICBC G Branch’s financing policy for micro and small enterprises,and further analyzes the causes of these problems.Finally,with the support of relevant basic theories and taking into account the actual situation of ICBC Branch G,we propose targeted countermeasures and suggestions to solve the problems in the implementation of ICBC Branch G’s financing support policies for small and micro enterprises.The findings of the study are intended to improve the current situation of ICBC G Branch’s small and micro enterprise financing policy implementation and to provide reference for the policy implementation of other banks in the same industry.