As my country's economic operation gradually returns to normal, more reforms and innovative methods are needed to stimulate the endogenous motivation of market players.
The successful practice of the unified registration system for chattels and rights guarantees enlighten us that to help small and medium-sized enterprises develop, it is not necessary to use huge investment and favorable conditions. The key is to find the pain points and blocking points, through reforms, innovations, and precise policy implementation, to thoroughly open up small and medium-sized enterprises "Medium Obstacles" to Enterprise Development
On the one hand, about 60% of the assets of small and medium-sized enterprises are movable property and rights such as accounts receivable and inventory; on the other side, about 60% of the loans guaranteed by financial institutions require real property guarantees such as houses.
In the financing process of small and medium-sized enterprises, the “mismatch of supply and demand” of collateral has become a “medium obstruction”, and an important reason for the mismatch is that my country’s movable property and rights guarantee registration agencies are relatively scattered, and the efficiency of registration and inquiry is low. Some financial institutions Don't dare to lend, unwilling to lend.
Starting this year, this information "barrier" was broken.
From January 1st, the unified registration of movable property and rights guarantees in my country has been fully implemented. All market entities across the country can enjoy the convenience of unified registration. Enter the name of the guarantor to query all the registered information published under its name with one click. Realize 7×24 hours of online registration and inquiry.
This measure can facilitate financial institutions to inquire about secured information of movable properties and rights, clearly grasp the priority of security rights, reduce credit risks and costs, and eliminate the burden of enterprises submitting materials and registering on site.
More importantly, the unified registration can effectively solve the problems of the scattered, opaque, and prone to conflict of rights of secured transaction information, avoid the occurrence of risk events such as repeated pledges and false financing, and increase the "gold content" of movable property and rights. The willingness of financial institutions to accept chattels and rights guarantees has revitalized the "sleeping" assets in the hands of small and medium-sized enterprises.
The results of the central bank’s previous pilot projects in Beijing, Shanghai, Chongqing, Guangzhou and other places show that the unified registration system has effectively facilitated corporate financing. Private and small and micro enterprises accounted for more than 95% of the new guarantee registration business and more than 80% of the financing amount. , And no disputes occurred due to false registration.
Compared with large-scale enterprises, small and medium-sized enterprises are small in scale, weak in foundation, little accumulation, and weak in risk resistance.
Since last year, in the face of the impact of the new crown pneumonia epidemic, my country has intensively introduced a series of policies and measures to help small and medium-sized enterprises in fiscal, taxation, social security, finance and other aspects, sending "real money" to the hands of enterprises. Tax cuts and fee reductions exceeded 2.5 trillion yuan, and the financial sector gave a reasonable profit of 1.5 trillion yuan to the real economy.
Taxes and fees have been reduced, interest rates have fallen, and financing has increased. The confidence and confidence in the development of small and medium-sized enterprises has increased. About 25 million new market entities have been established throughout the year, achieving substantial growth against the trend.
This year is the first year of the "14th Five-Year Plan". The Central Economic Work Conference held at the end of last year proposed that the vitality of market entities should be continuously stimulated, tax and fee reduction policies should be improved, inclusive financial services should be strengthened, reforms and innovations should be vigorously promoted, and the market The main bodies, especially small, medium and micro enterprises and individual industrial and commercial households, increase their vitality.
As my country's economic operation gradually returns to normal, more reforms and innovative methods are needed to stimulate the endogenous motivation of market players.
The successful practice of the unified registration system for chattels and rights guarantees enlighten us that to help small and medium-sized enterprises develop, it is not necessary to use huge investment and favorable conditions. The key is to find out the pain points and blocking points, through reforms, innovations, and precise policy implementation, to thoroughly open up small and medium-sized enterprises. "Medium obstruction" to enterprise development.
From the perspective of inclusive finance alone, there is a lot of potential to be tapped.
For example, with the implementation of the innovation-driven development strategy, more and more scientific and technological innovation companies have flourished and demand for financing is strong. However, the start-up stage of scientific and technological enterprises is often characterized by light assets and high risks, lack of mortgage assets, and it is difficult to obtain banks. Loans need to promote the better development of pledge financing such as intellectual property rights and trademarks.
For another example, business information such as tax credit and capital flow of SMEs is an important basis for banks to judge corporate credit. Enhancing the authenticity, completeness and availability of such information can increase banks’ willingness to lend to SMEs and reduce Financing risk.
Similar to these problems, government departments need to think about what companies think and what companies want, and help SMEs to revitalize more assets by solving problems such as information asymmetry, so that financial institutions are more willing and willing to lend, so that SMEs not only If you can get a loan, you can still get a good loan.
Small and medium-sized enterprises are energetic and energetic, adept at facing difficulties, and constantly improving. As long as policies help and all parties work together to effectively clear the "last mile" of policy transmission, small and medium-sized enterprises will surely usher in better development.
I believe that with the continuous advancement of reforms, there will be more and more innovative measures such as the unified registration of movable property and rights guarantees, and we will work together to create a better and better growth environment for SMEs, so that SMEs can release their vigorous vitality and surging development. kinetic energy.