2003•Journal of Wuhan University of Science and TechnologyRequires access
Legal Obstacles to Credit Guarantee for Small and Medium-sized Enterprises in China and Countermeasures
Dai Zhong
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Abstract
The major obstacle to the fast growth of the burgeoned credit guarantee business in China is in the law. Therefore, while promoting credit guarantee for small and medium-sized enterprises, the government should take it as its duty to create a sound legal environment for the credit guarantee system. The current legal system related to credit guarantee for small and medium-sized enterprises must be improved and perfected, so to ensure the standardized, commercialized operation of credit guarantee businesses.