And the country's repeated pledges of deeper reforms are widely expected to unleash more growth potential to the economy.
In a statement issued after the closure of a tone-setting central economic work conference over the weekend, Chinese authorities said "enhancing quality and efficiency of economic growth" will be a "central task."
Also in the report, Dagong said the slight climb of China's non-performing loan ratio will have a minor impact on the country's financial system.
It predicts the bad loan ratio of Chinese commercial banks will edge up to between one percent and two percent and then stabilize at that level.
Dagong said the banks' high bad loan provisions will cover the losses, while incurring little impact on their capital adequacy.
The agency also predicts the deficit ratio of governments at all levels will be 1.5 percent and their liabilities at 28.1 percent.
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