国外互联网金融支持小微企业融资的实践基于美国与英国的经验借鉴

国外互联网金融支持小微企业融资的实践基于美国与英国的经验借鉴一、本文概述Overviewofthisarticle随着全球化和数字化的快速发展，互联网金融已成为支持小微企业融资的重要手段。小微企业在推动经济增长、促进就业和增强社会活力等方面具有不可替代的作用，然而，融资难、融资贵一直是困扰小微企业发展的重要问题。互联网金融以其独特的优势，如低成本、高效率、便捷性等，为小微企业融资提供了新的可能。Withtherapiddevelopmentofglobalizationanddigitalization,Internetfinancehasbecomeanimportantmeanstosupportthefinancingofsmallandmicroenterprises.Smallandmicroenterprisesplayanirreplaceableroleinpromotingeconomicgrowth,employment,andenhancingsocialvitality.However,thedifficultyandhighcostoffinancinghavealwaysbeenimportantissuesthathinderthedevelopmentofsmallandmicroenterprises.Withitsuniqueadvantages,suchaslowcost,highefficiencyandconvenience,Internetfinanceprovidesnewpossibilitiesforsmallandmicroenterprisestofinance.本文旨在通过深入研究美国和英国互联网金融支持小微企业融资的实践经验，为我国在这一领域的发展提供借鉴。文章首先将对互联网金融和小微企业的概念进行界定，明确研究范围。然后，通过对美国和英国互联网金融发展现状的分析，挖掘其支持小微企业融资的主要模式和特点。在此基础上，文章将深入探讨这些模式在实践中如何帮助小微企业解决融资问题，以及存在的挑战和可能的改进方向。ThispaperaimstoprovidereferenceforChina'sdevelopmentinthisfieldthroughin-depthstudyofthepracticalexperienceofInternetfinanceintheUnitedStatesandtheUnitedKingdominsupportingsmallandmicroenterprises'financing.ThearticlewillfirstdefinetheconceptsofInternetfinanceandsmallandmicroenterprises,andclarifythescopeofresearch.Then,throughtheanalysisofthecurrentdevelopmentofInternetfinanceintheUnitedStatesandtheUnitedKingdom,themainmodesandcharacteristicsofsupportingsmallandmicroenterprises'financingareexplored.Onthisbasis,thearticlewilldelveintohowthesemodelscanhelpsmallandmicroenterprisessolvefinancingproblemsinpractice,aswellasthechallengesandpossibleimprovementdirections.通过对比分析两个国家的实践经验，本文旨在为我国互联网金融支持小微企业融资的发展提供有益的启示。我们期望通过借鉴国际先进经验，推动我国互联网金融行业更好地服务于小微企业，促进我国经济社会的持续健康发展。Throughthecomparativeanalysisofthepracticalexperienceofthetwocountries,thispaperaimstoprovideusefulenlightenmentforChina'sInternetfinancetosupportthedevelopmentofsmallandmicroenterprisefinancing.WehopetopromotetheInternetfinanceindustryinChinatobetterservesmallandmicroenterprisesandpromotethesustainableandhealthydevelopmentofChina'seconomyandsocietybylearningfrominternationaladvancedexperience.二、美国互联网金融支持小微企业融资的实践ThepracticeofInternetfinanceintheUnitedStatestosupportthefinancingofsmallandmicroenterprises美国作为全球金融科技领域的领跑者，互联网金融的发展在支持小微企业融资方面起到了重要作用。美国的互联网金融行业通过技术创新，为小微企业提供了多样化的融资渠道和便捷的金融服务，有效缓解了小微企业融资难、融资贵的问题。Astheleaderintheglobalfinancialtechnologyfield,thedevelopmentofInternetfinancehasplayedanimportantroleinsupportingthefinancingofsmallandmicroenterprises.Throughtechnologicalinnovation,theInternetfinancialindustryintheUnitedStateshasprovideddiversifiedfinancingchannelsandconvenientfinancialservicesforsmallandmicroenterprises,effectivelyalleviatingtheproblemsofdifficultandexpensivefinancingforsmallandmicroenterprises.在美国，P2P网贷平台是互联网金融的重要组成部分。这些平台通过互联网技术，将借款人和投资者直接连接起来，实现了资金的直接对接。对于小微企业而言，P2P网贷平台提供了一种低门槛、高效率的融资方式。小微企业可以通过平台发布借款需求，快速获得投资者的资金支持，从而满足其短期或中长期的资金需求。IntheUnitedStates,P2PonlineloanplatformisanimportantpartofInternetfinance.TheseplatformsconnectborrowersandinvestorsdirectlythroughInternettechnology,realizingdirectdockingoffunds.Forsmallandmicroenterprises,P2Plendingplatformsprovidealowthresholdandefficientfinancingmethod.Smallandmicroenterprisescanquicklyobtainfundingsupportfrominvestorsbypublishingloandemandsontheplatform,therebymeetingtheirshort-termormediumtolong-termfundingneeds.美国互联网金融行业在风险控制方面积累了丰富的经验。通过运用大数据技术和先进的算法模型，互联网金融平台能够对小微企业的信用状况进行精准评估，为投资者提供可靠的风险控制保障。这种基于大数据的风控技术，不仅提高了融资效率，也降低了融资风险，为小微企业的融资提供了有力支持。TheUSInternetfinanceindustryhasaccumulatedrichexperienceinriskcontrol.Byusingbigdatatechnologyandadvancedalgorithmmodels,theInternetfinancialplatformcanaccuratelyassessthecreditstatusofsmallandmicroenterprisesandprovidereliableriskcontrolguaranteeforinvestors.Thisbigdatabasedriskcontroltechnologynotonlyimprovesfinancingefficiencybutalsoreducesfinancingrisks,providingstrongsupportforthefinancingofsmallandmicroenterprises.美国政府在推动互联网金融支持小微企业融资方面发挥了积极作用。政府通过出台一系列政策，鼓励互联网金融行业的发展，为小微企业提供更加便捷的融资服务。政府还设立了专门的金融机构，为小微企业提供低息贷款、担保等政策支持，进一步降低了小微企业的融资成本。TheUSgovernmenthasplayedanactiveroleinpromotingInternetfinancetosupportfinancingofsmallandmicroenterprises.ThegovernmenthasintroducedaseriesofpoliciestoencouragethedevelopmentoftheInternetfinancialindustryandprovidemoreconvenientfinancingservicesforsmallandmicroenterprises.Thegovernmenthasalsoestablishedspecializedfinancialinstitutionstoprovidepolicysupportsuchaslowinterestloansandguaranteesforsmallandmicroenterprises,furtherreducingtheirfinancingcosts.美国互联网金融在支持小微企业融资方面取得了显著成效。通过P2P网贷平台、大数据风控技术以及政府政策的支持与引导，美国互联网金融行业为小微企业提供了更加便捷、高效的融资服务，有效促进了小微企业的发展壮大。这些实践经验对于我国互联网金融支持小微企业融资具有重要的借鉴意义。InternetfinanceintheUnitedStateshasmaderemarkableachievementsinsupportingthefinancingofsmallandmicroenterprises.ThroughthesupportandguidanceofP2Ponlineloanplatform,bigdatariskcontroltechnologyandgovernmentpolicies,theUSInternetfinanceindustryhasprovidedmoreconvenientandefficientfinancingservicesforsmallandmicroenterprises,effectivelypromotingthedevelopmentandgrowthofsmallandmicroenterprises.ThesepracticalexperiencesareofgreatsignificanceforChina'sInternetfinancetosupportthefinancingofsmallandmicroenterprises.三、英国互联网金融支持小微企业融资的实践ThePracticeofInternetFinanceintheUKtoSupporttheFinancingofSmallandMicroEnterprises英国，作为全球经济和金融的中心之一，其互联网金融的发展对小微企业的融资模式产生了深远影响。特别是近年来，随着科技的进步和互联网的普及，英国的互联网金融行业不断创新，为小微企业提供了更加便捷、高效的融资途径。Asoneoftheglobaleconomicandfinancialcenters,thedevelopmentofInternetfinanceintheUnitedKingdomhashadaprofoundimpactonthefinancingmodelofsmallandmicroenterprises.Especiallyinrecentyears,withtheprogressofscienceandtechnologyandthepopularityoftheInternet,theInternetfinanceindustryintheUKhascontinuedtoinnovate,providingmoreconvenientandefficientfinancingchannelsforsmallandmicroenterprises.英国的互联网金融平台主要集中在P2P网络借贷和众筹两大领域。这些平台通过技术手段降低了信息获取的成本，提高了融资效率，使得小微企业能够更容易地获得资金。InternetfinanceplatformsintheUKaremainlyconcentratedinP2Ponlinelendingandcrowdfunding.Theseplatformshavereducedthecostofinformationacquisitionthroughtechnologicalmeans,improvedfinancingefficiency,andmadeiteasierforsmallandmicroenterprisestoobtainfunds.P2P网络借贷平台在英国得到了快速发展。这些平台通过互联网技术，将出借人和借款人直接联系起来，实现了资金的直接对接。借款人可以在平台上发布自己的融资需求，而出借人则可以根据自己的风险偏好和投资需求选择合适的借款项目进行投资。这种模式不仅降低了小微企业的融资成本，还提高了融资的透明度。P2PonlinelendingplatformshaveexperiencedrapiddevelopmentintheUK.TheseplatformsconnectlendersandborrowersdirectlythroughInternettechnology,andrealizedirectdockingoffunds.Borrowerscanposttheirfinancingneedsontheplatform,whilelenderscanchoosesuitableloanprojectsforinvestmentbasedontheirriskpreferencesandinvestmentneeds.Thismodelnotonlyreducesthefinancingcostofsmallandmicroenterprises,butalsoimprovesthetransparencyoffinancing.众筹作为一种新兴的互联网金融模式，也在英国得到了广泛应用。众筹平台为小微企业提供了一个展示自己创意和项目的机会，通过向公众筹集资金来实现项目的启动和发展。这种模式的出现，不仅为小微企业提供了更多的融资渠道，还激发了公众的参与热情，促进了创新创业的发展。Crowdfunding,asanemergingInternetfinancialmodel,hasalsobeenwidelyusedintheUK.Crowdfundingplatformsprovidesmallandmicroenterpriseswithanopportunitytoshowcasetheircreativityandprojects,byraisingfundsfromthepublictoachieveprojectinitiationanddevelopment.Theemergenceofthismodelnotonlyprovidesmorefinancingchannelsforsmallandmicroenterprises,butalsostimulatespublicparticipationenthusiasmandpromotesthedevelopmentofinnovationandentrepreneurship.除了P2P网络借贷和众筹平台外，英国还涌现出了一批专注于为小微企业提供融资支持的互联网金融企业。这些企业利用大数据、人工智能等技术手段，对小微企业的信用状况进行评估和分析，为其提供更加精准、个性化的融资服务。InadditiontoP2Ponlinelendingandcrowdfundingplatforms,anumberofInternetfinanceenterprisesfocusingonprovidingfinancingsupportforsmallandmicroenterpriseshavealsoemergedintheUK.Theseenterprisesutilizetechnologiessuchasbigdataandartificialintelligencetoevaluateandanalyzethecreditstatusofsmallandmicroenterprises,providingthemwithmoreaccurateandpersonalizedfinancingservices.英国政府也高度重视互联网金融对小微企业融资的支持作用。政府通过出台一系列政策措施，鼓励互联网金融行业的发展和创新，为小微企业提供更加良好的融资环境。政府还加强与互联网金融企业的合作，共同推动小微企业融资难问题的解决。TheBritishgovernmentalsoattachesgreatimportancetotheroleofInternetfinanceinsupportingthefinancingofsmallandmicroenterprises.ThegovernmenthasintroducedaseriesofpoliciesandmeasurestoencouragethedevelopmentandinnovationoftheInternetfinancialindustryandprovideabetterfinancingenvironmentforsmallandmicroenterprises.ThegovernmentalsostrengthenedcooperationwithInternetfinancialenterprisestojointlypromotethesolutionoffinancingdifficultiesofsmallandmicroenterprises.英国互联网金融支持小微企业融资的实践具有鲜明的特色和优势。这些实践不仅为小微企业提供了更加便捷、高效的融资途径，还促进了金融行业的创新和发展。对于其他国家来说，英国的经验具有重要的借鉴意义。ThepracticeofInternetfinanceinBritaintosupportthefinancingofsmallandmicroenterpriseshasdistinctivecharacteristicsandadvantages.Thesepracticesnotonlyprovidemoreconvenientandefficientfinancingchannelsforsmallandmicroenterprises,butalsopromoteinnovationanddevelopmentinthefinancialindustry.Forothercountries,theexperienceoftheUKhasimportantreferencesignificance.四、美国与英国经验的比较与启示ComparisonandinspirationfromtheexperiencesoftheUnitedStatesandtheUnitedKingdom美国与英国在互联网金融支持小微企业融资方面均取得了显著成效，但两者在具体的实践路径和政策选择上存在一定差异。美国更强调市场的自由化和创新，充分发挥互联网金融平台的创新优势，通过大数据、云计算等技术手段为小微企业提供便捷、高效的融资服务。而英国则更注重政府的引导和监管，通过政策扶持和法规完善，为互联网金融行业创造良好的发展环境。BoththeUnitedStatesandtheUnitedKingdomhaveachievedremarkableresultsinInternetfinancesupportingthefinancingofsmallandmicroenterprises,buttherearesomedifferencesbetweenthetwoinspecificpracticepathsandpolicychoices.TheUnitedStatesplacesmoreemphasisonmarketliberalizationandinnovation,givesfullplaytotheinnovativeadvantagesoftheInternetfinancialplatform,andprovidesconvenientandefficientfinancingservicesforsmallandmicroenterprisesthroughbigdata,cloudcomputingandothertechnicalmeans.TheUKpaysmoreattentiontotheguidanceandsupervisionofthegovernment,andcreatesagooddevelopmentenvironmentfortheInternetfinancialindustrythroughpolicysupportandlegalimprovement.比较两国经验，我们可以得到以下启示：无论是市场主导还是政府引导，都需要建立完善的法律法规体系，保障互联网金融行业的健康发展。应充分利用现代科技手段，提高金融服务的普及率和覆盖面，为更多小微企业提供优质的融资服务。政府、金融机构和社会各界应加强合作，共同构建良好的融资生态环境，推动小微企业健康发展。Comparingtheexperienceofthetwocountries,wecangetthefollowingenlightenment:whetheritismarketledorgovernmentled,weneedtoestablishasoundlegalandregulatorysystemtoensurethehealthydevelopmentoftheInternetfinancialindustry.Weshouldmakefulluseofmoderntechnologicalmeanstoimprovethepopularityandcoverageoffinancialservices,andprovidehigh-qualityfinancingservicesformoresmallandmicroenterprises.Thegovernment,financialinstitutions,andallsectorsofsocietyshouldstrengthencooperation,jointlybuildagoodfinancingecosystem,andpromotethehealthydevelopmentofsmallandmicroenterprises.借鉴美国与英国的成功经验，我国在互联网金融支持小微企业融资方面可以采取以下措施：一是加强顶层设计，制定符合我国国情的互联网金融法规和政策，为行业发展提供有力保障；二是鼓励金融机构创新服务模式，运用大数据等技术手段提升金融服务质效；三是完善小微企业征信体系，降低融资风险，提高融资成功率；四是加强国际合作与交流，学习借鉴国际先进经验，推动我国互联网金融行业持续健康发展。DrawingonthesuccessfulexperienceoftheUnitedStatesandtheUnitedKingdom,ChinacantakethefollowingmeasuresinInternetfinancetosupportthefinancingofsmallandmicroenterprises:first,strengthentop-leveldesign,formulateInternetfinanceregulationsandpoliciesinlinewithChina'snationalconditions,andprovideastrongguaranteeforthedevelopmentoftheindustry;Secondly,encouragefinancialinstitutionstoinnovateservicemodelsandusetechnologiessuchasbigdatatoimprovethequalityandefficiencyoffinancialservices;Thirdly,improvethecreditreportingsystemforsmallandmicroenterprises,reducefinancingrisks,andincreasethesuccessrateoffinancing;Fourth,strengtheninternationalcooperationandexchange,learnfrominternationaladvancedexperience,andpromotethesustainableandhealthydevelopmentofChina'sInternetfinanceindustry.五、中国互联网金融支持小微企业融资的现状与问题ThecurrentsituationandproblemsofInternetfinancesupportingfinancingofsmallandmicroenterprisesinChina近年来，中国的互联网金融行业迅速发展，为小微企业融资提供了更多的渠道和可能性。借助大数据、云计算等先进技术手段，互联网金融平台能够更高效地评估小微企业的信用状况和融资需求，从而为他们提供更加便捷、个性化的融资服务。然而，尽管互联网金融在支持小微企业融资方面取得了一定的成果，但仍存在一些问题。Inrecentyears,China'sInternetfinanceindustryhasdevelopedrapidly,providingmorechannelsandpossibilitiesforsmallandmicroenterprisestofinance.Withthehelpofadvancedtechnologiessuchasbigdataandcloudcomputing,theInternetfinancialplatformcanmoreefficientlyevaluatethecreditstatusandfinancingneedsofsmallandmicroenterprises,soastoprovidethemwithmoreconvenientandpersonalizedfinancingservices.However,althoughInternetfinancehasmadesomeachievementsinsupportingthefinancingofsmallandmicroenterprises,therearestillsomeproblems.监管体系尚不完善。互联网金融作为新兴行业，其监管政策和法规体系尚未完全成熟。这导致了一些互联网金融平台存在违规操作、风险管理不到位等问题，给小微企业融资带来了一定的风险。Theregulatorysystemisnotyetperfect.Asanemergingindustry,Internetfinancehasnotyetfullymatureditsregulatorypoliciesandregulatorysystem.ThishasledtoproblemssuchasillegaloperationandinadequateriskmanagementofsomeInternetfinancialplatforms,whichhasbroughtcertainriskstothefinancingofsmallandmicroenterprises.信息不对称问题仍然突出。尽管互联网金融平台通过技术手段提高了信息透明度，但小微企业与金融机构之间的信息不对称问题仍然存在。这导致了一些优质的小微企业难以获得足够的融资支持，而一些风险较高的企业却可能获得过度融资。Theproblemofinformationasymmetryremainsprominent.AlthoughtheInternetfinancialplatformhasimprovedinformationtransparencythroughtechnicalmeans,theproblemofinformationasymmetrybetweensmallandmicroenterprisesandfinancialinstitutionsstillexists.Thishasledtosomehigh-qualitysmallandmicroenterpriseshavingdifficultyobtainingsufficientfinancingsupport,whilesomehigh-riskenterprisesmayobtainexcessivefinancing.互联网金融产品的创新性和多样性还有待提高。目前，中国的互联网金融产品主要集中在P2P网贷、第三方支付等领域，对于小微企业融资需求的多样性还不能完全满足。因此，需要进一步加强互联网金融产品的创新，为小微企业提供更加多样化、个性化的融资解决方案。TheinnovationanddiversityofInternetfinancialproductsneedtobeimproved.Atpresent,China'sInternetfinancialproductsaremainlyconcentratedinP2Ponlineloans,third-partypaymentsandotherfields,andthediversityoffinancingneedsofsmallandmicroenterprisescannotbefullymet.Therefore,itisnecessarytofurtherstrengthentheinnovationofInternetfinancialproductsandprovidemorediversifiedandpersonalizedfinancingsolutionsforsmallandmicroenterprises.中国互联网金融在支持小微企业融资方面取得了一定的成果，但仍存在一些问题。为了更好地发挥互联网金融在支持小微企业发展中的作用，需要进一步完善监管体系、加强信息不对称问题的解决以及推动互联网金融产品的创新和发展。China'sInternetfinancehasmadesomeachievementsinsupportingthefinancingofsmallandmicroenterprises,buttherearestillsomeproblems.InordertobetterplaytheroleofInternetfinanceinsupportingthedevelopmentofsmallandmicroenterprises,itisnecessarytofurtherimprovetheregulatorysystem,strengthentheresolutionofinformationasymmetry,andpromotetheinnovationanddevelopmentofInternetfinancialproducts.六、借鉴国外经验，推动中国互联网金融支持小微企业融资的发展LearnfromforeignexperienceandpromotethedevelopmentofInternetfinanceinChinatosupportthefinancingofsmallandmicroenterprises通过对美国和英国互联网金融支持小微企业融资实践的深入研究，我们可以从中汲取宝贵的经验，以推动中国在这一领域的发展。Throughin-depthresearchontheInternetfinancesupportforsmallandmicroenterprisesintheUnitedStatesandtheUnitedKingdom,wecanlearnvaluableexperiencefromittopromoteChina'sdevelopmentinthisfield.应强化政策引导和支持。政府应出台更多针对互联网金融支持小微企业融资的优惠政策，如税收优惠、贷款贴息等，以鼓励更多的互联网金融平台参与小微企业融资服务。同时，还应建立完善的风险分担和补偿机制，降低互联网金融平台的风险，提高其服务小微企业的积极性。Weshouldstrengthenpolicyguidanceandsupport.ThegovernmentshouldintroducemorepreferentialpoliciesforInternetfinancetosupportthefinancingofsmallandmicroenterprises,suchastaxpreference,loandiscount,etc.,toencouragemoreInternetfinanceplatformstoparticipateinthefinancingservicesofsmallandmicroenterprises.Atthesametime,asoundrisksharingandcompensationmechanismshouldbeestablishedtoreducetheriskofInternetfinancialplatformsandimprovetheirenthusiasmforservingsmallandmicroenterprises.应推动互联网金融平台与小微企业的深度合作。通过搭建信息共享平台，实现互联网金融平台与小微企业之间的信息互通，降低信息不对称带来的风险。同时，鼓励互联网金融平台根据小微企业的实际需求，创新金融产品和服务，满足其多样化的融资需求。Weshouldpromotein-depthcooperationbetweenInternetfinancialplatformsandsmallandmicroenterprises.Bybuildinganinformationsharingplatform,informationexchangebetweentheInternetfinancialplatformandsmallandmicroenterprisescanberealizedtoreducetheriskofinformationasymmetry.Atthesametime,Internetfinancialplatformsareencouragedtoinnovatefinancialproductsandservicesaccordingtotheactualneedsofsmallandmicroenterprisestomeettheirdiversifiedfinancingneeds.还应加强监管和风险防范。在推动互联网金融支持小微企业融资的过程中，应加强对互联网金融平台的监管，规范其行为，防范风险。同时，还应建立完善的风险预警和处置机制，及时发现和化解风险，保障小微企业的融资安全。Weshouldalsostrengthensupervisionandriskprevention.IntheprocessofpromotingInternetfinancetosupportthefinancingofsmallandmicroenterprises,weshouldstrengthenthesupervisionofInternetfinancialplatforms,standardizetheirbehaviorsandpreventrisks.Atthesametime,asoundriskwarninganddisposalmechanismshouldbeestablishedtotimelydetectandresolverisks,ensuringthefinancingsecurityofsmallandmicroenterprises.应注重人才培养和技术创新。互联网金融的发展离不开高素质的人才和先进的技术支持。因此，应加大对互联网金融人才培养的投入，提高从业人员的专业素质。还应鼓励互联网金融平台加强技术创新，提高服务效率和质量，为小微企业提供更加便捷、高效的融资服务。Attentionshouldbepaidtotalentcultivationandtechnologicalinnovation.ThedevelopmentofInternetfinanceisinseparablefromhigh-qualitytalentsandadvancedtechnicalsupport.Therefore,moreinvestmentshouldbemadeinthetrainingofInternetfinancialtalentstoimprovetheprofessionalqualityofemployees.Internetfinancialplatformsshouldalsobeencouragedtostrengthentechnologicalinnovation,improveserviceefficiencyandquality,andprovidemoreconvenientandefficientfinancingservicesforsmallandmicroenterprises.借鉴美国和英国的经验，我们可以从政策引导、深度合作、监管防范、人才培养等多个方面入手，推动中国互联网金融支持小微企业融资的发展。这将有助于缓解小微企业的融资困境，促进中国经济的持续健康发展。DrawingontheexperienceoftheUnitedStatesandtheUnitedKingdom,wecanpromotethedevelopmentofChina'sInternetfinancetosupportthefinancingofsmallandmicroenterprisesfrompolicyguidance,in-depthcooperation,regulatoryprevention,talenttrainingandotheraspects.ThiswillhelpalleviatethefinancingdifficultiesofsmallandmicroenterprisesandpromotethesustainedandhealthydevelopmentoftheChineseeconomy.七、结论Conclusion本文深入探讨了美国与英国在互联网金融支持小微企业融资方面的实践经验，并分析了其对我国在这一领域的启示。通过对两国模式的细致研究，我们发现，成功的互联网金融支持小微企业融资体系需要政府、金融机构、科技企业和监管机构的共同努力。ThispaperdiscussesindepththepracticalexperienceoftheUnitedStatesandtheUnitedKingdominInternetfinancesupportingsmallandmicroenterprises'financing,andanalyzesitsenlightenmenttoChinainthisfield.Throughacarefulstudyofthetwocountries'models,wefoundthatasuccessfulInternetfinancesupportingthefinancingsystemofsmallandmicroenterprisesrequiresthejointeffortsofthegovernment,financialinstitutions,technologyenterprisesandregulators.政府的政策导向和资金支持是体系建设的基石。美国与英国政府通过设立专项资金、提供税收优惠等措施，有效激发了市场活力，降低了小微企业的融资成本。Thegovernment'spolicyorientationandfin