With a fiscal and credit stimulus package of 4 trillion yuan (about 600 billion US dollars, or 14% of Chinese GDP), China carried out the biggest fiscal stimulus in post-war history.
Fiscal stimulus packages were typically worth several percent of GDP, with the cumulative expansionary shift of the fiscal stance over the three years from 2007 to 2009 amounting to four percent of GDP in both advanced and emerging economies. These expansions are now being wound back (Figure 6). Figure 6 Shifts in fiscal stance  Source: IMF.