China Construction Bank (CCB) predicts China's Consumer Price Index (CPI), a main inflation index, might climb 3% in 2010 year on year.

China's CPI increased 1.9% year on year in December last year. The figure rose sharply from a 0.6% growth in November when the index ended nine months of decline. However, It is not likely for China to see a rocketing inflation in 2010, while China might register a year-on-year gross domestic product (GDP) growth of around 9.5%.

The government should step up efforts to improve the domestic economic growth efficiency and quality in line with changing situations, said the CCB