China says will not resort to massive stimulus by sharply boosting infrastructure
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BEIJING (Reuters) - China will not resort to massive economic stimulus by ramping up infrastructure development, the country's state planner said on Tuesday. But it will step up support for infrastructure projects in central and western China, Meng Wei, spokeswoman at the National Development and Reform Commission, told reporters. China has the confidence to achieve its full-year economic targets, Meng said. Official data released on Monday showed fixed asset investment grew 5.2% from..