GDP growth could hit 7.8% next year

Yet unpredictable factors home and abroad could restrain rate at this year's level, economists say

The best scenario for the Chinese economy in 2014 would be to achieve 7.8 percent GDP growth, a major think tank said on Monday.

That could be obtained if all the recently proposed reform initiatives are carried out and the global market shows a more robust recovery, said the National Academy of Economic Strategy under the Chinese Academy of Social Sciences.