Causes of the financing difficulties of small and medium-sized enterprises and countermeasures
Lihui Wang
Abstract
Lihui Wang
Abstract
The development of small and medium-sized enterprises is of great significance to the gradual reform and the economic growth in China.But they have difficulties in financing.In order to improve the financing environment of small and medium-sized enterprises it is necessary to establish and perfect their financing system,set up financing institutions to serve the enterprises,draw more support from the government and strengthen the construction of the guarantee system to widen the financing channel.
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The development of small and medium-sized enterprises is of great significance to the gradual reform and the economic growth in China.But they have difficulties in financing.In order to improve the financing environment of small and medium-sized enterprises it is necessary to establish and perfect their financing system,set up financing institutions to serve the enterprises,draw more support from the government and strengthen the construction of the guarantee system to widen the financing channel.
Key concepts: Business, Finance, China, Order (exchange), Government (linguistics), Risk financing, Small and medium-sized enterprises, Countermeasure