They estimate that China's growth will slow to 6.3% in 2019

China's economic growth is expected to be 6.6 percent this year and slow to 6.3 percent in 2019, while the Asian giant faces challenges trade and reforms. The forecast, published by the press service of the Chinese Academy of Social Sciences, correspond to the average forecast of a survey of 73 economists, according to a report by economists of the Beijing Renmin University.

By Reuters last month, the news agency announced.

Beijing is under increasing pressure from its trade war with the United States.

But economists warned in his report The United States was resolved because of the deterioration of the global trading environment, the decline in export growth and the depreciation of the currency.

Gross Domestic Product (GDP) grew 6.5% from one year to the next in September, its weakest expansion since 2009, and Beijing has attempted to increase its GDP by 10%. encourage commercial banks to increase lending to private firms and take steps to mitigate problems

Economists argued that China needed a new round of structural reforms. They also predicted that 2019 would be critical for restructuring the country's economy and its long-term transition to a slower and higher quality growth model.

The report states that next year should also see a rebalancing of foreign trade. Chinese, with a probability that imports will increase by 16.1%, compared to an increase of 6.1% in 2018.

In addition, the report notes that China's consumer spending could increase by 9% then year, beating global growth. (Reuters)