Slow growth pegged for 2016

Stabilizing economic development should be government's priority, think tank report says

China's economic growth is likely to hit a 25-year low of 6.7 percent this year, pushing government policy to focus on supply-side reforms as slowing manufacturing and sluggish exports remain, a think tank report said on Tuesday.

Year-on-year GDP growth in 2015 may have reached 6.9 percent, the slowest since 1991, said the report from the Center for Forecasting Science under the Chinese Academy of Sciences.