China has implemented a series of important measures in tax policy to respond the international financial crisis. On one hand，China continued to promote the tax reform，for example，carrying out the VAT transformation and the tax reform on processed oil，and so on；On the other hand，the Chinese government adopted multiple and large-scale tax cuts according to the need of macroeconomic policies in China. These tax policies to cope with the financial crisis include：supporting the development of finance，insurance and securities，adjusting the import and export trade，coordinating the resources，energy and environmental policy，promoting the development，reform and technical progress of enterprises，supporting agricultural development，coordinating employment and social security policy，regulating the real estate market，and so on. The success of these measures achieved better economic and social effects，and maintained the steady growth of financial revenue at the same time.