Strong stimulus plan not expected

China does not intend to introduce a "flood irrigation" type of strong stimulus plan and should avoid new excessive capacities and redundant construction projects, said a senior official of the country's top economic planner.

"Some people might have confused the definition of total fixed assets investment and the concept of 'investment stimulus plan'," the National Development and Reform Commission's secretary-general, Li Pumin, said at a news conference on Wednesday.

Li made the remarks amid vigorous discussion, and even skepticism, about the widely reported, massive amount of fixed asset investment set as targets by 23 provinces, municipalities and autonomous regions for this year. The targets were recently released.