The Development of Multi-level Capital Market - Promote the Development of Small and Medium Enterprises

The capital is the blood of enterprise development, small and medium-sized enterprises rely more on bank loans in the early stage of the growth process, but the single financing channel impedes long-term healthy growth of enterprises, the capital market innovation continues to accelerate, the rapid development of direct financing channels, the construction of a multi-level capital market, multi-channel development, diversification of financing, in the play essence the role in promoting the development of small and medium enterprises.