2004Journal of Xuchang UniversityRequires access

Causes of the financing difficulties of small and medium-sized enterprises and countermeasures

Lihui Wang

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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.

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Available 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.

Key concepts: Business, Finance, China, Order (exchange), Government (linguistics), Risk financing, Small and medium-sized enterprises, Countermeasure

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