The researches on the financing difficulties and improved method of SMEs in China

As a part of the national economy, the small and medium-sized enterprises (SMEs) play an important role in the continuation, stability, and coordinated development of one country's economy. Since reforming and opening, SMEs have already become the important newborn combatants in China's social and economic activity. On the other hand, the further development of small firms is landing themselves in a more and more serious predicament, especially the financing difficulties have become a major bottleneck to limit small firm growth in our country. This paper will research on the reasons of the financing difficulties and analyze the measures to mitigate such financing obstacles.