Advisers warn China to refrain from using a large stimulus to secure a specific growth target

China should refrain from using a large stimulus to secure a specific growth target by 2020 and pursue structural reforms to unleash its potential, according to government advisors.

Levin Zhu Yunlai, Chinese International Capital Corporation's former chief executive, told a financial forum on Saturday that "short-term problems are not difficult to solve."

Yet he warned: "There would be negative effects on....