Small And Medium Enterprises Financing Difficulties To Be Solved

Create 60% of GDP, contribute 50% of tax revenue, and provide 80% of employment. This is the important role played by small and medium-sized enterprises in China's national economy. However, financing is a difficult problem for SMEs. In 2011, the financing cost of enterprises increased significantly. Data show that the average interest rate of SMEs financing through state-owned commercial banks is about 8%, and financing through joint stock banks. interest rate Over 10%, and through private lending, the interest rate is as high as 35%. In the face of the current dilemmas of SMEs, how can governments and industry associations help companies create a good financial environment?

After several major adjustments, more than 90% of China's textile and garment enterprises are small and medium-sized enterprises. list Outside the enterprise, the difficulty of financing has indeed become the "Damour and Chris sword" hanging on top of many enterprises. High cost, difficulty in financing and difficulty in employment, which make many enterprises struggling on the level of survival. According to some textile and garment enterprises in Jiangsu, Zhejiang, Shandong and Guangdong, especially the export-oriented enterprises, their development environment has been very grim, and some difficulties even exceed the global finance in 2008. crisis Period.

"Solving the financing difficulties of small and medium-sized enterprises is a" big problem "that the government attaches great importance to but has never been able to break through. More than 99.4% of China's textile and garment enterprises are small and medium-sized enterprises. Their financing difficulties are mainly reflected in the difficulty of guarantee funds. The most important reason is the lack of credit system, which is urgently needed to solve in the post international financial crisis. Du Yuzhou, who was president of the China Textile Industry Association, said. Du Yuzhou said frankly, there are some deficiencies in the construction of the industry's integrity. There are contradictions and disputes arising from the lack of credit, such as trademark infringement, counterfeiting and selling, arrears of payment, false tenders, tax fraud, tax fraud, counterfeiting accounts, contract fraud, and sales of goods and so on. It has become a nuisance for industries and enterprises, and has become a major obstacle to the healthy and harmonious development of the industry. These behaviors not only destroy the normal order of the market economy, but also seriously damage the overall image of the industry. The problems of an industry will bring disaster to the whole industry. If an industry is damaged, it will have a negative impact on related industries and industries. Therefore, the establishment of credit evaluation system of textile and garment enterprises is not only a strong evidence for providing credit guarantee for enterprise financing, but also can enhance the brand competitiveness of enterprises, and form a good practice of keeping promise and integrity in the whole industry. The credit evaluation system of textile and garment enterprises is an objective analysis and evaluation of many factors, such as finance, finance, human resources allocation, operation and management, product quality, safety production, social reputation and so on. It will publish the evaluation results to the society two times a year, which is an important reference for enterprises to carry out foreign economic activities such as financing and mergers and acquisitions. Up to now, the results of the three batch of enterprise credit rating have been publicized to the society, and the work is advancing steadily.

In November 28th this year, Miao Wei, Minister of the Ministry of industry and information technology, said at the National Symposium on small and medium enterprises, "to support the development of small and medium-sized enterprises, we must distinguish the situation and focus on supporting technology oriented, entrepreneurial and labor-intensive small and medium-sized enterprises." How can small and micro enterprises adjust their structure and transfer their ways? Miao Wei admitted, "at present, our understanding is not enough. The next step is to achieve" specialization, refinement, specificity and new "in the small and medium enterprises, and to realize the development of the cluster according to the division of labor and the industrial chain, and thoroughly change the situation of the village fires and the smoke of households in the past. Miao Wei said that how much money the small micro enterprises registered, how much money the government would subsidize, and the taxes paid by small and micro enterprises were returned to the local government for a period of time. The Ministry will also help coordinate the financial sector's financial support for the newly established small micro enterprises.