中小企業金融における中国の商業銀行の政策対応とその限界

Abstract

This paper aims to investigate the measures taken by Chinese commercial banks to deal with the financial difficulties facing small businesses, based on the case study on the decentralized lending system of “SanBaoYiGua”. About the problem of financing of small and medium-sized enterprises in China, before 2003, although the central financial institution took policy measures, such as reform to Credit Cooperatives, encouraging construction and maintenance of small business credit guarantee system, they did not pay attention to the role of State Owned Bank in small and medium-sized credit market. After 2003, the most typical policy measure that State Owned Commercial Bank took for small business lending is the decentralized lending system of “SanBaoYiGua”. After considering the effects and limitations of lending system of “SanBaoYiGua”, this paper clarifies the reason why the lending system of “SanBaoYiGua” was not able to play prearranged role in small business credit market by focusing the relationship-lending. Finally, this paper gives a policy proposal for solving the problem in conclusion.