China's Local Governments To Address The Financial Crisis, A Number Of Countermeasures

Currently, the U.S. subprime mortgage crisis intensified, the resulting global financial crisis has become a hot issue around the world focus, along with the collapse of major investment banks in some countries, South America, Scandinavia, Eastern Europe and other developed countries to the brink of financial institutions and even bankruptcy, the subprime crisis is not only a serious threat to the national financial system, more is to make their capital markets are facing unprecedented challenges. By the U.S. subprime mortgage crisis triggered by the global financial crisis to a deeper level, to promote broader context of economic integration in the world today, as an important component of the global economy China's economy can withstand the test of living? Especially as the Chinese government's implementation of specific policies of the executive power of local governments adequate?This paper will be divided into five parts of these issues, the first part of the background, purpose and methods; second part describes the basic situation of the current financial crisis, and the third part of the analysis of the financial crisis on the impact of local government; fourth part describes response to the financial crisis of local government executive capacity of government performance; Finally, in Jiangxi Province, local government itself from the situation, strategy, and other aspects of the final results.