Since 1978, China's SMEs have access to means of reform and opening up the east wind a great deal of development, and the deepening of reform and opening up, the background of the growing market economy, SMEs increasingly to develop the most dynamic of China's economic structure the most potential is sufficient to support an important force for rapid economic development. SME Development Situation in Qingdao City see, as of early 2011, the city's number of SMEs has been up to more than 360,000, its total registered capital of more than 300 billion RMB, small and medium enterprises to complete the increase in the proportion of the city's GDP value accounted for 52%; in the proportion of the city's total tax revenue, the small and medium enterprises to complete the tax has accounted for 30% of SMEs to absorb new employment has accounted for more than 75%; in the city's proportion of new jobs in distribution, as if the development of the main channel for the city to absorb labor and employment and increase people's income.

Throughout the course of the development of SMEs in China, but such enterprises longer period of its own technical strength is weak, the quality of the defects of the internal staff into the new century, SMEs also face the problem of lack of financial strength, and limited financing channels. Look at Qingdao City enterprise development, the city's development of SMEs are not easy, even once encounter the bottleneck of the development. In August 2010, the Chamber of Commerce and Industry of Qingdao City, Qingdao City Chamber of Commerce Task Force completed a questionnaire that "the status quo of the post-crisis Qingdao SME structural adjustment problems and suggestions" in the analysis of the questionnaire survey results in Qingdao City about 60 percent of the number of the financing difficulties of SMEs, in all small and medium-sized enterprises, 60 percent of companies believe that the difficulties in financing a significant impact on the technological transformation of enterprises, 47.4% of enterprises believe that the difficulties in financing primary constraint enterprise development as a whole, 34.78% of companies believe that the financing difficulties limit the enterprise to the way the implementation of the strategy of structural adjustment ".

In recent years, in order to create a better ecological environment for healthy development of SMEs, the vane of the Qingdao Municipal Government to follow the national policy, the introduction of a series to promote small and medium enterprises for sustainable development of the policy and provisions, but also significantly ease the plight of SMEs development accelerate the development of SMEs in the footsteps. To SMEs in Qingdao City, for example, analyze the bottleneck in the development of small and medium enterprises in Qingdao City, expand the Qingdao City, a useful exploration to solve the financing difficulties of SMEs to broaden the financing channels for SMEs expand, positive for the overall development of SMEs in China and corporate finance channels to expand and improve to provide the appropriate assistance.