The growth rate was 0.3 percentage points higher than a year earlier, but 0.4 percentage points lower compared than the first three quarters of this year.

This comes after the release of a series of economic data, indicating the country's economic growth, exports and some industries are slowing.

The investment deceleration was a result of weak market confidence and declining profits, said Asian Development Bank senior economist Zhuang Jian.

Investment in real estate reached 2.39 trillion yuan in the first 10 months, up 24.6 percent from a year earlier, but down from 26.5 percent in the first nine months.

Home sales totaled 450 million square meters in the first 10 months, down 16.5 percent fro the same period last year.

Completed investment by state-owned enterprises stood at 4.71 trillion yuan, up 21.3 percent.

Investment in primary industry grew 61.8 percent to 173.2 billion yuan while that of secondary industry rose 30 percent to 5.08 trillion yuan. Tertiary industry investment increased 24.3 percent to 6.07 trillion yuan.

The non-metallic minerals sector saw a 48.6-percent increase, while investment in coal mining jumped 41 percent and energy investment was up 16 percent from a year earlier.

The government on Sunday unveiled a stimulus package estimated at four trillion yuan over the next two years to boost domestic demand. The money is marked for programs in 10 major areas, such as low-income housing, rural infrastructure, water conservancy, electricity, transport, environment, technological innovation and rebuilding from disasters, most notably the May 12 earthquake.

However, it would be a while for the stimulus package to take effect on bolstering investments, and fixed-asset investment would keep falling over the next two months, Zhuang said.