Full Text:   <2335>

CLC number: F276.3

On-line Access: 

Received: 2001-03-05

Revision Accepted: 2001-07-16

Crosschecked: 0000-00-00

Cited: 0

Clicked: 4418

Citations:  Bibtex RefMan EndNote GB/T7714

-   Go to

Article info.
1. Reference List
Open peer comments

Journal of Zhejiang University SCIENCE A 2002 Vol.3 No.3 P.305-310


Empirical research on the SMEs' credit-guarantee in China

Author(s):  JIA Sheng-hua, CHEN Hong-hui

Affiliation(s):  School of Management, Zhejiang University, Hangzhou 310027, China

Corresponding email(s): 

Key Words:  SMEs, Credit-guarantee, Reform of financing system

Share this article to: More

JIA Sheng-hua, CHEN Hong-hui. Empirical research on the SMEs' credit-guarantee in China[J]. Journal of Zhejiang University Science A, 2002, 3(3): 305-310.

@article{title="Empirical research on the SMEs' credit-guarantee in China",
author="JIA Sheng-hua, CHEN Hong-hui",
journal="Journal of Zhejiang University Science A",
publisher="Zhejiang University Press & Springer",

%0 Journal Article
%T Empirical research on the SMEs' credit-guarantee in China
%A JIA Sheng-hua
%A CHEN Hong-hui
%J Journal of Zhejiang University SCIENCE A
%V 3
%N 3
%P 305-310
%@ 1869-1951
%D 2002
%I Zhejiang University Press & Springer
%DOI 10.1631/jzus.2002.0305

T1 - Empirical research on the SMEs' credit-guarantee in China
A1 - JIA Sheng-hua
A1 - CHEN Hong-hui
J0 - Journal of Zhejiang University Science A
VL - 3
IS - 3
SP - 305
EP - 310
%@ 1869-1951
Y1 - 2002
PB - Zhejiang University Press & Springer
ER -
DOI - 10.1631/jzus.2002.0305

After the authors' thorough study of the experiments of other countries and regions, it is posed that credit-guarantee is the key for solving the problem of the difficulties of SMEs' financing. Based on two surveys and interviews with 57 SMEs and some commercial banks' staff, this study on the practice and implement action of SMEs' credit-guarantee revealed some problems existing in the practical process. A series of policy suggestions are given for improving the SMEs' credit-guarantee in China.

Darkslateblue:Affiliate; Royal Blue:Author; Turquoise:Article


[1] Chen Naixing, 1999. Operation and Development of SMEs. Economy and Management Press, Beijing, p.86-94.

[2] Chen Hongjun, 2000. On the practice of SMEs' credit-guarantee system in China. China Economy and Trade, 1: 22-23.

[3] Dong Fureng, 1999. Analysis on the SMEs' financing. Science and Technology, 11: 74-77.

[4] Harris M., Raviv A., 1991. The theory of capital structure. Journal of Finance, 46:297-355.

[5] Hatic Jenkins, 2000. Commercial bank behavior in micro and small enterprise finance. Development Discussion Paper No: 741, HIID, Harvard University, USA.

[6] Jith Jayaratne, John Wolken, 1999. How important are small banks to small business lending: New evidence from a survey of small firms. Journal of Banking & Finance. 23: 427-458.

[7] Lin Yifu, Su Jian, 2000. The prospect on the development of second board market in China. China Soft Science. 119: 16-19.

[8] Ma Wensheng, 2000. On the establishing and perfecting SMEs' credit-guarantee system. Economy Management.4: 12.

[9] Nicholas Siropolis, 1994. Small business management. Houghton Mifflin Company.

[10] Pissarides, Francesca, 1999. Is lack of funds the main obstacle to growth EBRD's experience with small and medium-sized businesses in central and eastern Europe. Journal of Business Venturing, 14:519-539.

Open peer comments: Debate/Discuss/Question/Opinion


Please provide your name, email address and a comment

Journal of Zhejiang University-SCIENCE, 38 Zheda Road, Hangzhou 310027, China
Tel: +86-571-87952783; E-mail: cjzhang@zju.edu.cn
Copyright © 2000 - 2023 Journal of Zhejiang University-SCIENCE