According to a report issued by China Construction Bank (CCB) Tuesday, China's economic growth would exceed 10 percent in the fourth quarter due to climbing export orders and increasing domestic consumption. 

The report said China's full year economic growth would reach 8.3 percent, compared with Asian Bank's forecast of 8.2 percent in September and HSBC's 8.1 percent this week.

As developed countries showed more signs of economic recovery, China's exports would pick up with trade surplus expected to reach250 billion U.S. dollars this year, said the report.

Though China's economic growth accelerated to 8.9 percent year on year in the third quarter, the fastest pace within a year, the economic recovery was not solid yet and there were still many uncertainties ahead.

The government should keep monetary policies relatively loose and avoid withdrawing stimulus measures too early, said the report.

On Monday, Li Yizhong, Minister of Industry and Information Technology said China's industrial output growth would continue to accelerate in the fourth quarter,  China's industrial production was expected to grow 15 to 16 percent year on year in the fourth quarter.

Li said China stood a fair chance of achieving its GDP goal of 8 percent in 2009.