China's retail sales will grow 11 percent year on year in 2015, Yu Bin, a researcher with the Development Research Center of the State Council, forecasted on Friday.
That would be a slight slowing from the 12-percent annual gain seen in 2014, which Yu said would be attributable to sluggish property and auto sales.
A Moody's research note said in January that property sales in China will decline by up to 5 percent in 2015, compared to a 7.8-percent decline in 2014.
China's auto sales growth slowed in the first quarter this year, according to data issued by the China Association of Automobile Manufacturers on Thursday. The 3.9-percent year-on-year growth marked a significant deceleration from the 9.2-percent rise in the first quarter of 2014 and the 6.9-percent increase for the whole of 2014.
