Abstract: | ![]() The global financial crisis has become more and more serious since September, which was caused by subprime lending crisis. Suddenly, the five investment banks in Wall Street fell down, as well as the stock market, the development of global economy began to slow down. In order to reduce the damage to domestic economy, most governments take a series of measures to help the stock market such as investment, reducing interest rate and tax. The president of IMF Dominique Strauss-Kahn said that special countermeasures are needed in special period. Chinese economy inevitably suffered in the international financial crisis, facing serious challenges. During December to November, nine leaders visited some provinces such as Guangdong, Sichuan and so on, in order to study how to conquer this financial crisis. |