Given looming downward pressure and ongoing economic restructuring, a lower average annual growth target of 6.5 percent will be acceptable and attainable for the world's second largest economy in the next five years, according to analysts.

growing online and high-tech consumption may be coming to the rescue of the country's economy.

China's GDP growth in the third quarter should be viewed on a reasonable basis, as the economy is running on a stable track boosted by new growth drivers, an economist said.

The People's Bank of China (PBOC), the central bank, announced late Friday that both benchmark deposit rate and lending rates will be lowered by 25 basis points from Oct. 24.

The Communist Party of China (CPC) will convene the fifth plenary session of its 18th Central Committee to outline the 13th Five-Year Plan (2016-2020) for national development on Monday, with extraordinary achievements in the 12th plan period (2011-2015).

It is essential to be innovative when drawing up macroeconomic regulation and reform measures, as they are expected to promote economic growth and industrial upgrading, Premier Li Keqiang said Friday.

China's GDP growth dropped to a six-year low of 6.9 percent in the third quarter, slightly lower than 7 percent for previous two quarters, the National Bureau of Statistics (NBS) announced on Monday.

They also see the next five years as crucial for China's financial industry as the country will continue to push domestic financial reforms. Winning sectors - Information technology - High-end manufacturing - New-energy vehicles - Railway transp...