China's economy is likely to grow 6.5 percent next year, the China Academy of Social Sciences' reportedly said Monday.
The economy has expanded 6.7 percent during the first three quarters of 2016. The government targeted 6.5-7 percent growth for 2016.
In 2015, the Chinese economy grew at the slowest pace in 25 years.
The government researchers forecast consumer prices to rise 2.2 percent in 2017 and producer prices to climb 1.6 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.