China's 2014 GDP growth rate at 7.4%, misses target

Annual economic data from 2014 indicates that the world's second largest economy is entering into an period of slower growth. China's overall GDP growth rate for 2014 slowed to 7.4%, which marks the slowest pace of expansion since 1990. Subscribe to us on Youtube: https://www.youtube.com/user/CCTVcomInternational Download for IOS: https://itunes.apple.com/cn/app/cctv-news/id878031632?mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.cn.cctvnews Follow us on: Facebook: https://www.facebook.com/cctvcom Twitter: https://twitter.com/cctv_english Instagram: http://instagram.com/cctvenglish Weibo: http://weibo.com/cntvenglish