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Li
Wei, president of the State Council's Development Research
Centre, made the comments at a conference over the weekend, the
newspaper reported on Monday.
"In the last 30 years of reforms and opening up, China's gross
domestic product has posted annual growth of around 10 percent.
Against this, 6.5 percent is not high, but it will be very
difficult to achieve this pace of growth," he said.
He said the main impeding factors were a likely global economic
slowdown, rising labor costs that were eroding China's
competitive advantage, and growing environmental concerns which
meant that the country could not industrialize arable land at as
rapid a pace as before.
President Xi Jinping has said that China must keep annual
average growth at no less than 6.5 percent over the next five
years to hit the country's goal of doubling gross domestic
product and per capita income by 2020 from 2010.
China is set to release fourth-quarter and full-year GDP data on
Jan. 19. It is expected to report 2015 growth cooled to around 7
percent, the slowest in a quarter of a century.
(Reporting by Brenda Goh; Editing by Kim Coghill)
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