It is very important to pay attention to the core of “stable finance”, optimize the allocation of various financial resources, and get rid of some financial institutions’ behaviors such as focusing on immediate interests, separating from the real economy, and arbitraging via regulation. 1. Face up to the Causes of Financing Difficulties of Private EconomyThe financing problem of private economy is more reflected in structural problems. Credit risk is the first concern of financial institutions on private enterprises. On the one hand, the private enterprises have a high default rate and high moral hazard; on the other hand, it is shown in its low degree of information disclosure. Poor cyclical capacity is the second concern of financial institutions on private enterprises. It is mainly manifested in the following two aspects. The first is that operation situation of private companies is easy to deteriorate in the period of economic downturn. The second is that their credit endorsement ability is not enough.2. Play the Role of “Stable Finance” in Order to Solve the Financing DifficultiesFirstly, we should stabilize the financial market sentiment. Second, we should stabilize the transmission of financial information. Thirdly, we should stabilize the financial assistance policy. Fourthly, we should stabilize the means of financial regulation. Fifthly, we should stabilize the credit enhancement measures of government. Sixthly, we should stabilize the supervision execution mechanism.
