• ISSN: 2301-3567 (Print)
    • Frequency: Quarterly (2013-2014); Monthly (2015-2017); Quarterly (Since 2018)
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Mia Hu
    • Abstracting/ Indexing:  Electronic Journals Library, Ulrich's Periodicals Directory, MESLibrary, Google Scholar, and Crossref.
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JOEBM 2019 Vol.7(2): 55-59 ISSN: 2301-3567
DOI: 10.18178/joebm.2019.7.2.581

Research on Financing Support for Small and Micro Enterprises in China

Li Xu and Qiaona Yin
Abstract—The problem of financing difficulties and financing for small and micro enterprises has been in China for a long time and has not been substantially resolved in the long run. The contribution of small and micro enterprises in China's national economic growth is increasing, and the role of China's fiscal revenue, employment absorption, innovation and development has become increasingly prominent. The problem of financing difficulties for small and micro enterprises has become a major problem that our government and people cannot delay and avoid. This paper believes that the fundamental measures to solve this major problem are from financial system reform and gradual reduction of discrimination against small and micro enterprises, broadening financing channels for small and micro enterprises, relaxing market access restrictions for small and micro bank loans and operating companies, and relaxing small and micro enterprises. Direct financing capital restrictions, strengthen the management of small and micro enterprise systems and private lending management, only from these two main links, "two-pronged approach" will fundamentally create a relaxed and orderly financing environment for small and micro enterprises, so as to truly solve the complex problem of "funding difficult financing" for small and micro enterprises.

Index Terms—Financing and investment, small and micro enterprises, financing support, financial reform.

Li Xu and Qiaona Yin are with Jiangxi Normal University, China (e-mail: 1228413577@qq.com).

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Cite:Li Xu and Qiaona Yin, "Research on Financing Support for Small and Micro Enterprises in China," Journal of Economics, Business and Management vol. 7, no. 2, pp. 55-59, 2019.

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