The Asian Development Bank (ADB) on April 12 lifted its forecast for China's 2010 GDP growth, but said the figures may cool slightly in 2011 due to monetary tightening measures.

ADB lifted its 2010 GDP growth forecast to 9.6 percent, compared with the 8.9 percent prediction made in September 2009. For 2011, it expects GDP growth to be slightly lower at 9.1 percent.

"As the recovery becomes stronger, authorities need to keep tabs on the rising commodity and asset prices, and resort to regulatory intervention when required," said Jong-Wha Lee, chief economist of ADB.