China's economic growth may fall under the 10 percent bar next year as investment, exports and industrial output slow down, a top think tank predicted in Beijing on Wednesday.

"With high growth and low inflation, the economy is ready for a soft landing, despite the problems of yawning surpluses, too-rapid investment and heavy pressure on environment and resources," said the Macro Economy Research Institute of the National Development and Reform Commission in its latest report.

It said that the government's macro-economic policies have restrained runaway investment and loan supply.

China's gross domestic product growth (GDP) will slip back to 10.3 percent in the fourth quarter from a second quarter peak of 11.3 percent. As a result, the year's GDP growth is expected to slow to 10.6 percent.

The Consumer Price Index, an inflation weather vane, will grow 1.5 percent this year, it said.

The report written by economist Wang Xiaoguang and three other experts claims that the world economy has entered an adjustment period. "Both trade and economic growth will slow next year. With flat demand and rising supply of raw materials, prices of oil and other primary raw materials will drop," it said.

"Next year, China will have to deal with the toughest situation for exports that it has faced since it entered the World Trade Organization because the United States, which imports more than 40 percent of China-made exports each year, has seen a marked slowdown in its economic growth," said the report.

The depreciating U.S. dollar and relatively high interest rates set by the American Federal Reserve would put more pressure on China to appreciate the Renminbi (RMB), it noted.

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