Abstract: On November 6，1907，Ye Liangqing s business groups went bankrupt and collapsed suddenly affecting all of Yingkou and causing a serious regional economic crisis． Faced with this economic crisis，the Qing government，on the premise of ensuring their own interests，after multilateral coordination and discussion ordered the Bank of the Board of Revenue to supply 1. 5 million taels for relief which stabilized the commercial order． This procedure shows that the Qing government began to play a role in protecting and stabilizing the economy． But enacting this relief policy was not a very smooth process because it took economic interests，national defense and other aspects into account．Moreover，in dealing with the crisis，the new financial institutions，governors，local customs and other departments haddifferent interests and demands and played different roles．In brief，during the Late Qing Reforms，the Qing Dynasty began to transform from a small government to a big government expanding and strengthening in the actual operation of the economy．