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In order to promote supply and demand balance and enhance economic vitality and resilience, equity crowdfunding is of great significance to supporting the financing of SMEs, promoting economic restructuring and the development of power conversion. However, at present, China's credit base and institutional environment are difficult to meet the needs of large-scale development of equity crowdfunding. In view of the inconsistency of imbalance, we must proceed from many aspects to achieve high-quality development. This paper proposes the development ideas and related regulatory proposal for equity crowdfunding.

Crowdfunding and Internet Non-public Equity Financing??q??qBased on the Development Perspective of Combining Technology-Based SMEs