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China will face inflationary pressures in 2010, and its Consumer Price Index (CPI), a main inflation gauge, will probably grow by around 3 percent this year, said Xia Bin, director of Finance Research Institute at the Development Research Center under the State Council.

However, he said: "I am optimistic about inflation."

According to the National Bureau of Statistics, China's CPI in January rose by 1.5 percent year-on-year, compared with a 1.9 percent increase last December.

Xia also criticized the United States for blaming the Chinese currency issue over its own economic problems.

"The American senators will definitely shift their misfortune on to China, so long as the unemployment rate and the domestic commodity price remain high," he said.

A group of 15 US senators on Thursday insisted China has deliberately undervalued its currency to gain an edge in trade and urged US Commerce Secretary Gary Locke to instigate investigations into Chinese imports.