China must guarantee minimum 6.5 percent annual GDP growth in five-year plan: state media

``The comments by Xu, made on Feb. 14 at the "50 Forum Annual Meeting" - a gathering of Chinese economists - is also an acknowledgment that China is switching to a more sustainable pace of growth from the double-digit rates of the recent past... China's economy grew at 7.4 percent in 2014, its slowest pace in 24 years, dragged down by cooling property prices, slowing inflation and deteriorating domestic and foreign demand.''