As China is soon to release its 2015 gross domestic product reading, economists anticipate a nearly 7 percent growth rate -- in line with the official target.
The State Council Information Office will hold a press conference on the national economic performance in 2015 in Beijing. Wang Bao’an, Commissioner of National Bureau of Statistics, will introduce the total GDP amount and growth of industrial outputs, properties, retail sales, and fixed asset investments.
Though China's economy rose 6.9 percent in the third quarter of 2015, slowing slightly from second quarter's 7 percent, it has been its lowest quarterly growth since the global financial crisis.
The economy has entered a new stage of slower but more resilient growth as shown by an improved economic structure that relied more on domestic consumption, service sector, and innovation.
2015's GDP figure catches the world's attention amid plunging stock markets, the falling Chinese yuan, and the recent depreciation of the Hong Kong dollar.
China releases 2015 economic data
