Reform 'means slightly slower growth'
By Li Yang | China Daily | Updated: 2013-12-11 07:06
Analysts are issuing their forecasts for China's 2014 outlook. Many believe that GDP growth will be as strong as this year - or maybe a bit lower - as the nation carries out reforms.
This year, GDP growth is likely to be 7.6 percent, just a touch above the official target of 7.5 percent.
Global demand for Chinese products is likely to improve in 2014, so the government doesn't need to make any deliberate attempt to push the growth rate back above 8 percent, analysts said.
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