So says the Chinese state news agency Xinhua reported by Bloomberg 2 May

  • policy makers are aware of the consequences of such measures
  • China is still addressing the side effects of the previous stimulus package such as overcapacity
  • new loans rose to a record 4.6trn yuan in Q1: rapid increase is temporary
  • stimulus is unnecessary as the Chinese economy is showing increasing signs of stabilization

The commentary/article is written by Xinhua's Zhang Zhengfu and Liu Fei.

Not an official statement per se but worth noting as it's their mouthpiece.