China: The Analysis and Research on the SME Financing Efficiency

The SMEs(small and medium-size enterprises) in China have achieved an unprecedented development during the course of opening-up and reform which served highly the national economy and social progress. Nevertheless, the contribution SMEs have made and the financing service they have required is supposed to be non-well balance (financing gap) in a long run, which is believed to attributed to such factors as self-related perceptions and profit-seeking mechanism in financial market and industry as well as risk-avoiding gaming selection.