为民营企业创造更好融资环境（财经观·改革说）

Core Viewpoint - The article emphasizes the need for continued efforts to address the financing difficulties faced by private enterprises in China, advocating for structural reforms in financial services to better meet the diverse financing needs of these businesses [1][2][3]. Group 1: Financing Challenges - Many private small and micro enterprises, as well as individual businesses, have never received credit from the banking system, highlighting the issue of "first loan difficulty" [2]. - Obtaining the first loan significantly increases the likelihood of securing subsequent loans for private small and micro enterprises [2]. - Medium-sized private enterprises also face financing challenges, as some no longer meet the standards for inclusive finance after growing [2]. Group 2: Financial Support and Services - A multi-tiered financial service system is essential, with a focus on enhancing credit availability from large banks while leveraging the strengths of smaller financial institutions to serve local small and micro enterprises [3]. - The capital market plays a crucial role in the growth of private enterprises, with nearly two-thirds of listed companies on the A-share market being private [3]. - Policies such as the "Eight Measures for the Sci-Tech Innovation Board" and "Six Measures for Mergers and Acquisitions" should be effectively implemented to support private enterprises in capital market development [3]. Group 3: Policy Recommendations - There is a need to establish diversified financing mechanisms and improve the credit rating and evaluation systems for small and micro enterprises [3]. - Enhancing the support from government financing guarantee institutions for private small and micro enterprises is crucial for risk sharing and mitigation [3]. - A collaborative approach among various stakeholders is necessary to address risk management and improve information transparency in the financing process [3].