China's new deal : economic development under international financial crisis / Li Xiaoxi and Hu Biliang, editors.

Includes bibliographical references and index.

Description based on print version record.

English.

Four-Trillion (RMB) Economic Stimulus Plan: China's Response to the International Financial CrisisColumn 1-1: Chinese Leaders Express Their Standpoints in Response to the Financial Crisis; Section 1: The Background of "Four-Trillion-Yuan (RMB)" Economic Stimulus Plan; I. The Effects of the International Financial Crisis on China's Economy; 1. A Substantial Decline in Exports; 2. The Rapid Decline of Industrial Added Value; 3. The Labor Market Suffered a Big Blow; 4. The Rapid Decline in Asset Prices; 5. Rapid Decline of Economic Growth Rate.

III. The Announcement of "Four Trillion" Economic Stimulus Plan1. The First Proposition of "Four-Trillion-Yuan (RMB)" Economic Stimulus Plan by the State Council Executive Meeting; 2. The Central Economic Conference Proposed to Maintain Growth, Expand Domestic Demand, and Adjust Structure; 3. The Government Work Report Proposed the Package Plan for Promoting Steady and Rapid Development of Economy; Section 2: The Introduction to China's Economic Stimulus Plan; I. The Implementation of Proactive Fiscal Policy Focusing on Four-trillion-Yuan (RMB) Investment.

1. The Central Government Funds Guide the Local Funds2. Issuing Local Government Bonds by the Ministry of Finance; 3. Implementation of Structural Tax Reduction Policy; 4. "Autos and Home Appliances Going to the Countryside" Program through Financial Subsidies; III. Implementation of Moderately Loose Monetary Policy; 1. Continuous Decline in Interest Rates; 2. Reduction of Reserve Requirement; 3. Increase in Money Supply; 4. RMB Settlement of Cross-border Trade Pilot Launched; III. Large-scale Implementation of Industry Revitalization Plan.

1. China Launched the Revitalization Plan for Major Ten Industries2. Efforts to Solve SMEs' Difficulties in Financing.; 3. Adjustment of the Proportion of Capital Funds for Fixed Asset Investment Projects; IV. Vigorous Promotion of Scientific and Technological Progress and Innovation; 1. Setting Tasks; 2. Increasing Investment; 3. Priority Setting; V. Substantially Improving Social Security Benefits; Section 3: The Progress and Preliminary Effects of Economic Stimulus Plan; I. The Progress of Economic Stimulus Plan; 1. Rapid Allocation of Funds.

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