Govt: China cuts 2014 GDP growth from 7.4% to 7.3%

China on Monday lowered its GDP growth figure for last year by 0.1 percentage points to 7.3 percent, official figures showed, as concerns mount over slowing growth in the world's second-largest economy.

The previous 7.4 percent figure, released in January, was the lowest since 1990, which remains the case after the adjustment announced on the National Bureau of Statistics website.

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