Chinese economic growth slows to 13-year low

China's economy, the world's second largest, has grown at its slowest pace in 13 years as domestic and global demand weakened.

Gross domestic product, the main measure of growth, increased by 7.8% in 2012, down from 9.3% in 2011.

However, the figures also showed that the economy picked up pace in the last three months of the year.

China's new leaders have said they want to do more to promote sustainable economic growth and consumer spending.

Damian Grammaticas reports from the industrial town of Wuhan in central China on the challenges facing the economy.