In November

Nov. 28, 2008 - Outline tasks for 2009´s economic work
Maintaining a stable and relatively fast economic development should be the foremost task for next year´s economic work.

Nov. 26, 2008 - Interest rates cut by 1.08%
It aimed at "ensuring ample liquidity in banking system and promoting stable credit growth to make monetary policy play an active role in supporting economic growth".

Nov. 19, 2008 - More measures to support light industry
China plans to increase tax rebates for light industry, remove unreasonable administrative fees and charges, and offer more.

Nov. 9, 2008 - Shift to "moderately easy" monetary policy
The new policy could result in a larger money supply, more liquidity and lower interest rates.

Nov. 9, 2008 - Invest 4 tln yuan to stimulate domestic consumption and growth
These 10 moves are expected to have positive effects on cement, iron and steel producers amid a boom in infrastructure investment.


In December

Dec. 22, 2008 - Cut interest rate by 0.27%
It is aimed to further stimulate the economy, and such rate cut will probably produce some effect in Q1 of 09´ and generate an economic turnaround.

Dec. 3, 2008 - Approve 9 monetary measures to boost economy
State Council meeting gives approval to a whole string of monetary tools to maintain steady growth in the economy.

In October

Oct. 21, 2008 - Exempt tax rates on properties, lowered mortgage loan rate
The Ministry of Finance has introduced new policies to cut or even temporarily stopping tax rates on properties.

Oct. 21, 2008 - Raise export tax rebates for textile, garment products
China is raising rebates on taxes for a whole category of exports to cushion a slowdown in the economy. It took effect on Nov. 1.

Oct. 20, 2008 - Raise grain purchasing prices
The move by the National Development and Reform Commission (NDRC) aims to boost rural income and grain output.