A top Chinese think tank forecasted the nation's economy would experience a mild rebound this year, with its gross domestic product (GDP) expanding by around 10 percent compared to the previous year.

Among the three major economic engines, investment is expected to contribute 6.3 percentage points to GDP growth, while consumption will contribute 4.2 percentage points. Net exports will drag down the growth rate by 0.5 percentage points, the Center for Forecasting Science of the Chinese Academy of Sciences said in a report issued on February 6.

GDP may expand 11 percent in the first quarter of 2010 and see a moderate slowdown throughout most of the remaining year, the report said. China's economy expanded 8.7 percent in 2009.