however the stimulus was smaller in size had a shorter timespan put less emphasis on credit and relied less on local government funding than that of as was the case with the postlehman brothers stimulus package the chinese package relied heavily on infrastructure spending a difference this time around was the greater focus of the new package on energysaving and innovation in addition to expansionary fiscal and monetary policies the approach has also entailed forms of regulatory forbearance to encourage bank lending although the new schedule is still fully consistent with the implementation of the capital adequacy reforms of the basel committee on banking supervision in july the government released the draft of its comprehensive strategy for the rebirth of japan a medium to longterm growth strategy that would be in effect through fiscal year