(MENAFN) The Chinese economy is projected to grow 7 percent in the first quarter of 2015, according to an estimate released by the State Information Center, a government think tank, QNA reported.
A steady slowdown is predicted for the Chinese economy, with investment growth in the property and manufacturing sectors continuing to slow, local media showed.
The first quarter is likely to see investment in fixed assets grow around 14.3 percent and real estate around 7 percent, according to the estimate.
Growth in consumption is estimated to be basically stable against the backdrop of rising incomes and declining retail goods prices.
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