(V) flow channels and actively explore and gradually expand the proportion of direct financing equity financing, debt financing, to solve the problem of financing small businesses to strengthen the government, financial and corporate consultation linkage platform, bridge bond between the bank and the role of consultation solve practical problems encountered by small business financing, bank and create a 'double surplus' situation, but also by their own actively improve financial management, strengthen internal control, improve credit quality. Government departments relevant departments to actively create conditions to help small businesses by issuing bonds, the market, to increase their investment and other means to increase the effective supply of funds to expand the proportion of direct financing, to change over-reliance on the banking sector to finance health
(Vi) establishment and improvement of small business startups guide the fund to promote the implementation of the scientific concept of development pace of rural banks and microfinance companies construction, efficient allocation of financial resources. Through venture capital funding to build a service platform, the introduction of foreign venture capital organization of scientific and technological institutions and small enterprises docking, enhance the ability of small businesses to use high-tech venture capital fund; through the establishment of village banks and small loan companies, make up a large commercial bank branches energy is limited, the total lack of SMCBs size of the problem. This work can be carried out in various parts of rural banks and small loan company pilot on the basis of the experience gained. Meanwhile, we must adhere to small, decentralized principles loans, small business development to solve the funding gap to meet a wide range of financial needs of small businesses, can inhibit the problem of illegal fund-raising activities.
(Vii) to seriously implement the state has introduced to support small business financing guarantee system and small business development in various preferential policies burdens incentives, subsidies and tax breaks, etc. At present, China has 30 provinces (autonomous regions and municipalities) level government set up (in ) small business development funds or non-public (private) economic development funds, to promote (the) small business development provides a range of financial support and subsidies, now the main focus should be on how to implement the pre-has introduced various preferential policies. At the same time, it is recommended for small businesses due to lower interest income from lending business tax; allowing commercial bank loans for small businesses in the full extraction tax risk compensation reserve for loan losses before tax write-off implemented by a certain percentage; for the current Small Business Loan high prevalence of external financing cost, due to lower collateral for small business loans of registration, evaluation, therefore, to guarantee, notarization and other intermediary fees, reduce the cost of external financing for small businesses, improve work efficiency.
(Viii) implement a moderately loose monetary policy to increase the effective supply of funds in the market of the current international financial market turbulence, the financial crisis is deepening, the outbreak of the financial tsunami led to the increase of international economic instability, so that the growth trend is slowing down, downside risks increasing impact on China gradually. Next year China's economy is facing stagflation risk is much greater than inflation expectations, taking into account the lagged effects of macro-control policies, in the presence of the current international and domestic macroeconomic uncertainties more extraordinary times, suggested that the state in the implementation of expansionary fiscal policy at the same time, the regulation monetary policy intensity and pace of monetary policy must be loosened, continue to reduce the benchmark lending rate, lower the deposit reserve ratio, increase the effective supply of funds in the market, reducing the cost of financing for small businesses. Only by addressing the problem of commercial bank capital supply, in order to make small business financing measures to be truly implemented. Given the number of commercial bank branches to the head office of small business loans are still implement large-scale management, we recommend the removal of the central bank's policy of rigid control of commercial bank credit scale should be promptly communicated implement in place, so that small businesses can weather the storm, traveling light and healthy development, guarantee next year's GDP growth target of 8 percent.
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