JSSM  Vol.7 No.3 , June 2014
Financing Difficulties of SMEs from Its Financing Sources in China
ABSTRACT

With the rapid development of global economy, the reform and opening up policy of China has provided good opportunities for the vigorous development of small and medium-sized enterprises (SMEs). And SMEs have become the important force of sustained, rapid and healthy development of China's economy. Moreover, SMEs have played an irreplaceable role in promoting China’s economic development, absorbing labors and promoting market prosperity. But with the global economic integration, the domestic small and medium-sized enterprise’s operating environment is facing tremendous changes and more intense competition. This paper introduces the sources of SMEs’ financing, analyzes its financing difficulties and causes from its sources, and aims to benefit the development of SMEs in the near future.

KEYWORDS
Financing, SME, Causes

Cite this paper
Jiang, J. , Li, Z. and Lin, C. (2014) Financing Difficulties of SMEs from Its Financing Sources in China. Journal of Service Science and Management, 7, 196-200. doi: 10.4236/jssm.2014.73016.
References
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http://dx.doi.org/10.1016/j.jbankfin.2006.05.009

[2]   Berger A.N. and Udell, G.F. (2006) A More Complete Conceptual Framework for SME Finance. Journal of Banking and Finance. 30, 2945-2966.

[3]   Lv, H.J. (2013) SME Financing Difficulties and Countermeasures. Central China Normal University, Wuhan.

[4]   Li, Q.L. (2013) Innovation—Research on Financing Mode of SME—Exploration of the Financing Platform for SME. Zhejiang University, Hangzhou.

[5]   He F.F. (2012) SME External Financing Difficulties and Solutions. Corporation Research, 251-252.

 
 
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