Private investment growth may slow

Investable assets in China's private wealth market will continue to grow this year, but the annual growth rate will be lower, an industry report said.

Investable assets of private investors are expected to reach 188 trillion yuan ($27.5 trillion) this year from 165 trillion yuan last year, according to the 2017 China Private Wealth Report released by Bain & Company and China Merchants Bank.

The expected growth rate of 14 percent would be lower than the average 21 percent growth seen from 2014 to 2016.