On the Establishment of China's Credit Guarantee System for Small and Medium-Sized Enterprises

摘要

China's small and medium-sized enterprises are confronted with the shortage of capital. The establishment of the credit guarantee system for those enterprises can help them get rid of the dilemma that they are difficult to get the loan and the guarantee. Meanwhile, it can reduce and disperse the loan risk of financial institutions, increase the capital utilization ratio and establish good credit relation between the bank and the enterprise under the socialist market economy, which will enhance the competitiveness and developing potential of China's small and medium-sized enterprises. It is the important measure and the mainstay to found the credit guarantee company to implement credit guarantee for China's small and medium-sized enterprises.