Author(s)

Huijing Hu and Xu Hong

Corresponding Author

Huijing Hu

Abstract

Many surveys on MSMEs financing show that accessing finance of MSMEs still remains a big problem in China. By contrast, the financing status of MSMEs is better in many Asian countries and regions. This paper suggests that China should further improve the scale and efficiency of MSMEs finance by innovating financial service modes to expand financing channels, strengthening government laws and policy support, improving enterprise credit system, and promoting whole life-cycle capital management of MSMEs.

Keywords

MSMEs; Financing Gap; Problems; Proposals