There are particularly challenging issues for small- and medium-sized enterprises.

中小企业面临的问题尤为严峻。

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The sting from that sustained tightening has been felt most harshly by small- and medium-sized enterprises, which struggle to get bank credit even at the best of times.

持续的紧缩已经让那些即便在最有利的情况下也争先向银行贷款的中小型企业深深地体会到了痛苦。

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Women, too, are less likely to have collateral and are more likely to be impacted as commercial banks tighten lending requirements to small and medium-sized enterprises.

妇女不太可能获得担保，但当商业银行收紧对于中小型企业放贷的要求时，她们却最有可能遭到冲击。

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Alibaba was a local Chinese company that helped small- and medium-sized enterprises conducting business online.

FORBES: How EBay Failed In China

But Messrs Morgan and Cooke say that most small-and medium-sized enterprises still regard their local universities as ivory towers, with little useful to offer.

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In 1999, Ma founded "Alibaba.com, " which currently operates the world's largest online marketplace, serving small- and medium-sized enterprises by connecting global buyers with sellers in China.

CNN: Jack Ma Talkasia Transcript