Search

Given the phenomenon of "financing is difficult and expensive" for MSEs, this paper empirically investigated the influencing mechanism of the credit demand side characteristics on the financing constraints of MSEs based on the information conveyance perspective. The conclusions show that MSEs in China are severely suffering from financing constraints and 57.17% and 50.00% of MSEs with credit demand have not applied for loans from formal and informal financing channels, respectively. In terms of enterprise characteristics, MSEs have low asset size, short establishment history, weak profitability, and lack of tools such as fixed assets, complete financial management system, professional technicians, and private brands to convey risk information to financing institutions, which are key factors resulting in their financing constraints. In terms of owner characteristics, young owners lack financing experience and convey higher risk information to financing institutions; therefore, owners' age negatively influences the financing constraints of MSEs. These findings suggest that banks can use big data credit technology as a tool to obtain risk information about MSEs, and the government should implement diversified interventions to improve the information environment in financial markets. These findings provide empirical evidence for banks and governments to address the financing constraints of MSEs. [ABSTRACT FROM AUTHOR]

Exploiting long-range semantic contexts and geometric information is crucial to infer salient objects from RGB and depth features. However, existing methods mainly focus on excavating local features within fixed regions by continuously feeding forward networks. In this article, we introduce Dynamic Message Propagation (DMP) to dynamically learn context information within more flexible regions. We integrate DMP into a Siamese-based network to process the RGB image and depth map separately and design a multi-level feature fusion module to explore cross-level information between refined RGB and depth features. Extensive experiments show clear improvements of our method over 17 methods on six benchmark datasets for RGB-D salient object detection (SOD). Additionally, our method outperforms its competitors for the video SOD task. [ABSTRACT FROM AUTHOR]