A Literature Study of the Impact of COVID-19 Pandemic on the Financing of the SMEs in China ()
ABSTRACT
Although the containment of the COVID-19 pandemic has achieved a critical victory in China since 2020, it
has undeniably brought a huge impact on the economy. Especially for the small
and medium-sized enterprises (SMEs) located at the end of the industrial chain,
whose comprehensive strength is weak, they are generally facing severe survival
challenges. Under the complex and severe situation, a financing bailout can not solve the fundamental
problem, but it is an effective way to alleviate the urgent needs of the SMEs. This paper
systematically reviews the impact of the pandemic on the SMEs’ financing, the
limitations of the SMEs’ financing channels, the problems of the SMEs exposed by “financing difficulties”
during the pandemic, and how to promote financing and help the SMEs strengthen
and expand.
Share and Cite:
Jia, H. , Zhang, S. , Xu, R. , Zhang, Q. and Guo, B. (2022) A Literature Study of the Impact of COVID-19 Pandemic on the Financing of the SMEs in China.
Journal of Financial Risk Management,
11, 311-322. doi:
10.4236/jfrm.2022.112016.
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