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2011•Journal of Binzhou UniversityRequires access

Financing difficulties of SMEs in China and Countermeasures

WU Feng-peng

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Abstract

The current irrational banking system,immature capital markets and SMEs themselves and other reasons result in serious financial difficulties of SMEs in China.The government work report in 2010 first proposed three measures to support SME,attaching great importance to the development of SMEs.To solve the financing difficulties of SMEs,we must fully understand the important role of small and medium enterprises,and actively learn from the successful experience of Western countries to build a government-led financial service system for SMEs and improve their quality of SMEs,strengthening financial regulations for small and medium enterprises.

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The current irrational banking system,immature capital markets and SMEs themselves and other reasons result in serious financial difficulties of SMEs in China.The government work report in 2010 first proposed three measures to support SME,attaching great importance to the development of SMEs.To solve the financing difficulties of SMEs,we must fully understand the important role of small and medium enterprises,and actively learn from the successful experience of Western countries to build a government-led financial service system for SMEs and improve their quality of SMEs,strengthening financial regulations for small and medium enterprises.

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Available abstract

The current irrational banking system,immature capital markets and SMEs themselves and other reasons result in serious financial difficulties of SMEs in China.The government work report in 2010 first proposed three measures to support SME,attaching great importance to the development of SMEs.To solve the financing difficulties of SMEs,we must fully understand the important role of small and medium enterprises,and actively learn from the successful experience of Western countries to build a government-led financial service system for SMEs and improve their quality of SMEs,strengthening financial regulations for small and medium enterprises.

Key concepts: Business, China, Finance, Government (linguistics), Small and medium-sized enterprises, Work (physics), Quality (philosophy), Capital (architecture)

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