China's economic growth is expected to drop from 7.4 percent this year to 7.1 percent in 2015, economists with the country's Central Bank said.
The People's Bank of China said that the export growth will be offset by a slump in real estate investment in 2015 while employment rate will remain stable, reported China Daily.
Consumer Price Index, the main gauge of inflation, is expected to remain stagnant at the same level this year at 2.2 percent, the report said.
China's export is expected to grow at 6.9 percent as opposed to 6.1 percent this year while, import will jump from 1.9 percent to 5.1 percent.