An Analysis of Quanzhou's SMEs' Financing Difficulties and Countermeasures

The Quan Zhou's small and medium enterprises (SMEs) are not only numbers but extremely prosperous. With the original accumulation achieved, the SMEs are facing a series of problems to become larger and stronger at the new stage. First of all, it is hard to finance the funds. In order to address the financing dilemma of Quan Zhou's SMEs, this paper has deeply discussed and analyzed the financing status and crux of the SMEs; Moreover, the paper has proposed a "trinity" financing system regarding the government, the banks and the enterprises, which includes the following three components: the establishment and improvement of the credit guarantee system for the SMEs financing; the development of the type and scope of financial services for SMEs; and the strengthening of the internal management of SMEs.