国际经验证明,资本市场特别是债券市场的发展,对中小企业融资有着虽然间接但却十分重要的作用近些年来,在小微企业融资问题上出现了若干认识误区:一是认为可以用行政命令和行政指挥的方式,让商业银行增加小微企业信贷服务。这种认识的结果,是有关部门不断利用行政权力影响金融市场的运作。二是认为改进小微企业金融服务只是金融部门或中小企业管理机构的事情,没有将之作为系统工程,下工夫统筹谋划。这种认识的结果,是社会舆论一边倒地要求商业银行增加对小微企业的贷款,而对商业银行的经营环境和条件关注不够,特别是地方政府往往不愿从自身寻找原 International experience shows that although the development of the capital market, especially the bond market, has an indirect but very important role in the financing of SMEs, there have been some misunderstandings in the financing of small and micro enterprises in recent years. First, it is thought that the administrative order And the way of executive direction so that commercial banks can increase their credit services to small and micro enterprises. The result of this understanding is that the relevant departments continuously make use of administrative power to influence the operation of financial markets. Second, it considers that improving financial services for small and micro-enterprises is only a matter for the financial sector or the SME management agencies. It does not take this as a systematic project and makes efforts to make overall plans. As a result of this understanding, public opinion has demanded that commercial banks increase their lending to small and micro-sized enterprises while paying insufficient attention to the operating environment and conditions of commercial banks. In particular, local governments are often reluctant to find their own original