China's GDP growth rate is likely to be between 3% and 4% for the next three to five years, said Gao Shanwen, a prominent economist.

China’s economic growth this year will be about 5 per cent, a high-level official said on Saturday, suggesting that the country is hitting its annual target. The world’s second largest economy is going to achieve major goals for 2024 and contribute to nearly 30 per cent of global growth,