Chief economist at Shanghai-based Orient Securities Shao Yu said China's GDP growth is likely to bounce back to around 8percent by the end of 2014
Consumers wield influence with brands, reports Shi Jing in Shanghai
The government could lower the growth target for the next year to 7 percent, an economist with ANZ said.
CIC said the Chinese government may lower its growth target for 2014 to 7 percent from 7.5 percent this year.
Private capital will have easier access to invest in State firms.
Average disposable income for Chinese urban citizens topped 24,565 yuan in 2012, which is a 61-fold leap compared with the figure in 1978
The country is gradually shifting to "a lower trend growth path", because of the fading of technological catch-up, falling returns on marginal investment and the onset of a decline in the overall labor force.
The central bank said the world's second-biggest economy may undergo "a long-term process of deleveraging" as new growth spurt has yet to be powered.
Short-term stimulus to prop up economic growth by enlarging fiscal deficits and money supply is not sustainable, Li said.
The city was named the world’s fastest growing metropolitan economy by The Economist in 2012
Economic and social progress will dominate discussions at Party's key meeting in Beijing
Li: GDP won't grow as quickly, but it will be more sustainable
Long said that the approval of new zones elsewhere in the nation "will not be related to the progress" of the Shanghai FTZ.
New measures will be taken to deepen reforms of China's giant state-owned companies at a key meeting which will run between November 9 and 12
The October official index was at 51.4, up 0.3 from a month earlier and the final reading of HSBC China PMI was flat with the preliminary 50.9, beating an expectation of 50.7
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