China’s Policy Responses to the Global Financial Crisis

Productivity Commission: Richard Snape Lecture, November 25, 2009

20 Pages Posted: 27 May 2010

See all articles by Yu Yongding

Yu Yongding

Chinese Academy of Social Sciences (CASS)

Date Written: November 25, 2009

Abstract

The Commission’s annual Richard Snape Lecture was presented by Professor Yu Yongding from the Chinese Academy of Social Sciences (Beijing) on 25 November 2009 in Melbourne.

In an address titled ‘China’s Policy Responses to the Global Financial Crisis’ Professor Yu described how the Chinese Government’s stimulus package and expansionary monetary policy succeeded in arresting falls in China’s economic growth resulting from the global financial crisis.

He also identified potential threats to the sustainability of China’s economic recovery, and emphasised the need to tackle underlying structural problems to ensure solid foundations for future growth.

Keywords: China’s Economic Growth, Global Financial Crisis, Economic Growth, Economic Recovery, Monetary Policy

JEL Classification: E52, E62, G01

Suggested Citation

Yongding, Yu, China’s Policy Responses to the Global Financial Crisis (November 25, 2009). Productivity Commission: Richard Snape Lecture, November 25, 2009 , Available at SSRN: https://ssrn.com/abstract=1615956

Yu Yongding (Contact Author)

Chinese Academy of Social Sciences (CASS)

Beijing, 100732
China

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