Bankers see growth slowing, innovation rising

Chinese bankers forecast the nation's economic growth will be slower in the next three years. Technological innovation will be their new focus, according to a report co-released by the China Banking Association and PricewaterhouseCoopers on Friday.

The report was based on a survey of 1,794 Chinese bankers in 2016.

The report showed that only 41.2 percent bankers forecast China's economic growth rate will be between 6.5 percent and 7 percent in the next three years, and 54.8 percent of them think the GDP growth rate will be lower than 6.5 percent during the period.