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Consumer inflation dipped to 1.7 per cent in October, according to official figures.
GDP for third quarter slumps to 7.4 per cent down from 7.6, making it the worst economic performance since 2009.
Economy grew by 7.6 per cent in the second quarter of 2012, the slowest pace in more than three years despite stimulus.
Data for April shows sharper than expected declines in investment and industrial production.
Rate is still above government target of four per cent and increases concerns that economy may be headed for a slowdown.
Economic hardships face China in the near future, but their past record of success seems to espouse promising results.
Corporate profits are up, consumer income is down, and Orwellian talking points are soaring.
Data could prompt calls for Beijing to relax country's "one-child" policy as census shows elderly population is growing.
Consumer price index rises by 5.0 per cent and GDP by 9.7 per cent, despite government efforts to cool the economy.
Data show inflation moderating but speculative property deals accounting for a big chunk of lending by state-run banks.
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