Abstract
With the steady expansion of the world economy, China’s import and export trade is booming day by day, and foreign trade has become a major factor to promote our country’s economic growth. As one of the economic subjects of external trade, small and medium-sized enterprises in foreign trade play an irreplaceable role. However, many small and medium-sized foreign trade enterprises encounter financing difficulties in the process of the development. On the foundation of big data analysis, with the starting point of the financing of small and medium-sized enterprises in foreign trade, firstly, this paper describes the present financing condition of the small and medium-sized enterprises in foreign trade as a whole, and then the reasons are analyzed. The reasons are divided as enterprises themselves, indirect financing, direct financing, private financing, and the government one by one.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Ling, H.: Study on financing dilemma and countermeasures of small and medium - sized foreign trade enterprises. Chin. Bus. Trade 34, 110–111 (2013). (in Chinese)
Berger, A., Udell, G.: The economics of small business finance: the roles of private equity and debt markets in the financial growth cycle. J. Bank. Finance 30(11), 2945–2966 (2006)
Hu, Y., Li, C.: Research on financing of small and medium-sized foreign trade enterprises in china under the background of internet finance. J. Jingdezhen Coll. 33(04), 109–115 (2018). (in Chinese)
Bernanke, B., Gertler, M.: Financial fragility and economic performance. Q. J. Econ. 105(1), 87–114 (1990)
Xu, P.: Research on the problems and countermeasures in the development of gem in china. Soc. Sci. Front. 7(6), 856–860 (2018). (in Chinese)
Jaffee, D.M., Russell, T.: Imperfect information, uncertainty, and credit rationing. Q. J. Econ. 90(4), 651–666 (1976)
Chan, Y., Kanatas, G.: Asymmetric valuation loan agreements. J. Money Credit Bank. 17(1), 84–95 (1985)
Beck, T., Asli Demirguc-Kunt, M.: Financial and legal constraints to firm growth: does size matter. World Bank Work. Pap. (3), 17–19 (2004). (in Chinese)
Wu, X.: Research on the present situation and countermeasures of international trade financing of Commercial Banks. Modern Finance 8, 29–30 (2016). (in Chinese)
Whette, H.C.: Collateral in credit rationing in markets with imperfect information: note. Am. Econ. Rev. 10(3), 442–445 (1983)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Li, X. (2020). Financing Predicament of Small and Medium-Sized Foreign Trade Enterprises in China–Based on Big Data Analysis. In: Atiquzzaman, M., Yen, N., Xu, Z. (eds) Big Data Analytics for Cyber-Physical System in Smart City. BDCPS 2019. Advances in Intelligent Systems and Computing, vol 1117. Springer, Singapore. https://doi.org/10.1007/978-981-15-2568-1_99
Download citation
DOI: https://doi.org/10.1007/978-981-15-2568-1_99
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-15-2567-4
Online ISBN: 978-981-15-2568-1
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)