The Characteristics and Financing of SMEs in China

Since the reform of the market economy system was implemented in our country, China's small and mediumsized enterprises have developed at a rapid pace, which has contributed to China's economic development and cannot be ignored.However, many problems such as financing difficulties have severely limited the development of SMEs.SMEs are unable to expand their production scale and complete production in a timely manner despite the lack of self-owned funds and poor external financing.Even in the face of good development opportunities in the market, SMEs can easily cause the slow development or even closure of SMEs in China.With the gradual deepening of China's economic system reform, how to help SMEs to solve financing problems has become a common problem that cannot be avoided by both governments and enterprises.