Current status and possible solutions to the financing difficulties of small- and medium-sized enterprises in China
R. Liu, J.H. Sui, L.T. Jiang, R. Liu
Available Online November 2015.
- https://doi.org/10.2991/itms-15.2015.392How to use a DOI?
- Financing difficulties; Small- and medium enterprises; Capital investment
- 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.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - R. Liu AU - J.H. Sui AU - L.T. Jiang AU - R. Liu PY - 2015/11 DA - 2015/11 TI - Current status and possible solutions to the financing difficulties of small- and medium-sized enterprises in China PB - Atlantis Press SP - 1612 EP - 1615 SN - 2352-538X UR - https://doi.org/10.2991/itms-15.2015.392 DO - https://doi.org/10.2991/itms-15.2015.392 ID - Liu2015/11 ER -