Pawn Financing:One of Viable Financing Channels For SMEs in China

摘要

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, financing constraints is the primary bottleneck in the development of SMEs in China. Pawnbroking has the advantage of short-term emergency financing, and we should pay more attention to it. Pawn financing is one of the way-out of the dilemma of Chinese SMEs Financing.