Current status and possible solutions to the financing difficulties of small- and medium-sized enterprises in China

DOI

10.2991/itms-15.2015.392How to use a DOI?

Keywords

Financing difficulties; Small- and medium enterprises; Capital investment

Abstract

The reform and opening-up policy in China has resulted in a good environment for the development of small- and medium-sized enterprises (SMEs), especially the burgeoning SMEs in the private sector. SMEs have been playing an important role in China’s economic reform and development and, to some extent, have become a growth engine in the Chinese economy. However, SMEs are still facing many financial difficulties. Thus, in the present paper, the current financial status and financial environments of SMEs in China are studied and compared with several of the western countries, and a capital-cycle-based capital utilization pattern is proposed, that is, to increase government support to control the capital investment of the enterprise, take advantage of the core competencies to ensure the full capital utilization of the enterprise, screen life cycle of the enterprise to reasonably withdraw the capital. Meanwhile, some related cases are illustrated. In the end, some concluding remarks are drawn and some suggestions are proposed.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - R. Liu
AU  - J.H. Sui
AU  - L.T. Jiang
PY  - 2015/11
DA  - 2015/11
TI  - Current status and possible solutions to the financing difficulties of small- and medium-sized enterprises in China
BT  - Proceedings of the 2015 International Conference on Industrial Technology and Management Science
PB  - Atlantis Press
SP  - 1612
EP  - 1615
SN  - 2352-538X
UR  - https://doi.org/10.2991/itms-15.2015.392
DO  - 10.2991/itms-15.2015.392
ID  - Liu2015/11
ER  -