The Empirical Study on Financing Constraints of Small and Medium-sized Enterprises in China

摘要

The dynamism of a country's economy depends on the status of small and medium-sized enterprises, especially small micro-enterprises at a large extent. After 30 years of reform and opening up, the rapid development of Chinese small and medium enterprises has grown into an important force in the development of Chinese national economy. However, the financing constraints of SMEs in China have seriously hindered and restricted the survival and development of small and medium enterprises in China. The financing of small and medium-sized enterprises has been the primary problem for the rapid development and further transformation and upgrading of Chinese small and medium-sized enterprises.