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OSAKA http://www.redsoxbaseballproshop.com/red-sox-xander-bogaerts-jersey/ , Japan, Sept. 9 (Xinhua) -- China's economic growth in 2015 is expected to be 7.1 percent, according to a research report released by Xiamen University in Japan's Kobe on Wednesday.


The report was released at an international seminar on China's macroeconomic performance jointly organized by China's Xiamen University, Economic Information Daily of Xinhua News Agency, and Japan's Kobe University.


The report is based on the China Quarterly Macroeconomic Model (CQMM), a research project at the Center for Macroeconomic Research (CMR) at Xiamen University.


According to the report, in the first half of 2015 http://www.redsoxbaseballproshop.com/red-sox-wade-boggs-jersey/ , with downward pressure on economic growth, the cumulative growth rate of Gross Domestic Product (GDP) in China reached 7.0 percent, a decrease of 0.42 percentage points over the previous year, reaching its nadir since 2000.


But on the other side, the adjustments of the economic structures were beginning to take effect, and the economy was growing stably after hitting the bottom.


Based on the forecast by CQMM, despite of the downward pressure http://www.redsoxbaseballproshop.com/red-sox-tyler-thornburg-jersey/ , China's economic growth rate in 2015 is expected to reach around 7. 1 percent. The CPI will be 1.62 percent, stabilizing the inflation at a low level.


For the next five years (2016-2020), the forecast shows that the potential growth rate