The spread of international economic crisis has made its way into Chinese society，and profound socio-economic impacts are now greatly felt within and across its border. To adopt swift and effective coping strategy and to take responsive measures has become Chinese government’s top priority. Economic stimulating actions and confidence-saving initiatives are now in the center of Chinese social life. Using sociological concepts and theoretical tools，this article aims to launch a serious academic discussion on three interrelated topics：1）social mechanisms that help accelerate the transmission of economic crisis；2）social mechanisms that functioning in the transformation of an economic crisis into a social crisis；and 3）governmental policy choices in combating this economic crisis.