For more reading: http://www.chinadaily.com.cn/bizchina/2008-11/14/content_7205213.htm

China will lower both one-year benchmark lending and deposit rates by 0.27 percentage points starting today, the People's Bank of China said yesterday on its Website.

For more reading: www.shanghaidaily.com/sp/article/2008/200810/20081030/article_378804.htm

    "The global financial crisis is set to affect the real world economy, including the Chinese economy, and small and medium-sized enterprises (SMEs) will bear the brunt," he said.

    For more reading: http://news.xinhuanet.com/english/2008-10/28/content_10265875.htm

The actually utilized foreign investment has amounted to $1.81 billion, increasing by 107.9 percent, the official source says.

Chengdu, capital of the province, is leading the boom. The city's contractual foreign investment accounts for 80 percent of Sichuan's total figure with a growth rate of 218.9 percent.

For more reading: http://www.chinadaily.com.cn/bizchina/2008-09/08/content_7008337.htm; http://english.cri.cn/3130/2008/09/09/1461s403811.htm

Coca-Cola said it is offering HK$12.2 per Huiyuan share - or triple the stock's last closing price of HK$4.14 - in its biggest China acquisition by value to date, the report on the CNN Money website said.

For more reading: http://english.cri.cn/3130/2008/09/03/1221s401619.htm; http://english.cri.cn/3130/2008/09/03/1461s401868.htm

-- Tight monetary policy (current)
Earlier this year, facing pressure from surging inflation, a resurgence in fixed-asset investment and excessive lending and liquidity, China decided to shift its monetary policy from "prudent" to "tight".

-- "Prudent" fiscal and monetary policies (2005-2007) 
 
For more reading: http://english.people.com.cn/90001/90776/90884/6479127.html

H.E.Mr. Shimon Peres, President of Israel, and Nobel Peace Prize winner, visited China to attend the Opening Ceremony of the Olympic Games as the official guest of Chinese government. During his stay in Beijing, Peres had an exclusive dinner with some leading Chinese entrepreneurs, include Mr. Tang Shuangning , Chairman of China Everbright Group Ltd., Mr. Nie Yuchun, Vice President of CEC Group, Mr. Lin Rongxin, Chairman & President  of CCECC (China Civil Engineering Construction Corporation), Mr. Jin Haitao,  Chairman of Shenzhen Capital Group, Richard J Guo, Vice president of ZTE Corp..

It was first reported that small- and medium-sized banks were expected to be set up to increase loans to small enterprises.

Then the news has been that the People's Bank of China had agreed to raise the credit quota by 10 percent for local commercial banks, compared to a 5-percent increase for national lenders. Such differential credit adjustment is a manifestation of the central bank's intention to ease the impact the current credit crunch exerted upon SMEs.

For more reading: http://www.chinadaily.com.cn/bizchina/2008-08/06/content_6909170.htm, http://www.chinadaily.com.cn/bizchina/2008-08/06/content_6908579.htm

    For more reading: http://news.xinhuanet.com/english/2008-07/22/content_8749318.htm

    More details: http://news.xinhuanet.com/english/2008-07/22/content_8746308.htm

    The move will also safeguard the country's economic safety, protect ecological environment, optimize develop and reform mechanism, and prevent industrial monopolization, said the National Development and Reform Commission (NDRC) in a circular on Friday.
 
    More details: http://news.xinhuanet.com/english/2008-07/19/content_8574909.htm