Author(s)

Haiping Wang

Corresponding Author

Haiping Wang

Abstract

As a whole, SMEs have made outstanding contributions to the economic development of all countries. Today, as the economy is increasingly globalized, countries are paying more and more attention to the role of SMEs. Although China's SMEs have also played a major role in promoting the country's economic development, at present, a considerable number of SMEs simply pursue sales and market share, neglecting the core position of financial management, management ideas are rigid and backward, and enterprise management is limited to production. In the business management pattern, the role of corporate financial management and risk control has not been fully exerted, and it has also brought many negative impacts on the credit and financing channels of SMEs in China. The main reason is the lack of an effective financial management model. Therefore, it is imperative to deepen financial reform, explore financial potential, improve financial management, reform the operation mode of financial management, and construct a financial management model that is compatible with the current situation of SMEs in China.

Keywords

SMEs, Financial Management, Problems and Countermeasures