Author(s)

Haili Zhang

Corresponding Author

Haili Zhang

Abstract

This paper is based on the sample of 174 small and medium-sized enterprises listed on China's small and medium-sized board and gem from 2011 to 2015. At the same time, it uses panel data model to empirical test. The results show that the development of regional finance can effectively solve the financing problems of SMEs, and promote the development of enterprises. At the same time, reducing government intervention in enterprise financing, to a certain extent, can further promote the development of SMEs.

Keywords

Science and technology finance, Small and medium-sized enterprises, Enterprise development, Regional finance, Government Intervention