The forecasts were made as part of the Chinese government's "Outlines for the 12th Five-Year Plan on National Economic and Social Development," a document the government submitted to the National People's Congress for approval.
As Western economies have struggled to regain their footing following the financial crisis of 2008, China plowed ahead, and has helped support the rest of the global economy. China now holds more than $1 trillion in U.S. Treasuries.
China recently passed Japan as the world's second-largest economy, though remains a distant second to the United States, at roughly a third of the size.
-- CNN Producer Steven Jiang contributed to this report.
China currency report delayedChina raises reserve requirement again
