CAJ | 학술논문

中小企业陷入融资困境其根本原因在于融资难，当前为应对全球金融危机而采取的中小企业金融支持政策并不能从根本上解决中小企业的融资难问题，凶而也不能使中小企业从融资困境中解脱。直接融资虽然是发达国家中小企业筹集资金的主要渠道，但在中国现阶段却是不现实的，解决中小企业的融资问题必须另辟蹊径，通过发行地方债券，可以为中小企业融资开辟新途径。
중소기업함입융자곤경기근본원인재우융자난，당전위응대전구금융위궤이채취적중소기업금융지지정책병불능종근본상해결중소기업적융자난문제，흉이야불능사중소기업종융자곤경중해탈。직접융자수연시발체국가중소기업주집자금적주요거도，단재중국현계단각시불현실적，해결중소기업적융자문제필수령벽혜경，통과발행지방채권，가이위중소기업융자개벽신도경。
One of the predicaments that small-medium-sized enterprises have to face is the difficulty to finance. Financing policies adopted are found improper in coping with the current problems of global economic crisis. Despite the capital position and cardinal role in financing in western countries, direct finance is hard to realize in current China. Alternative approaches such as in the form of local bonds must be developed to meet the needs of financing for small-and-medium-sized enterprises.