"A combination of monetary policy, administrative measures and also the exchange rate, I think, will be successful in dampening inflation going forward," she said.
"I think we may see another rate hike some time in 2011 - at the beginning of the year. But for the rest of this year, I don't think they will raise rates again."
China also released its third quarter gross domestic product data, which showed the economic growth slowing to 9.6 percent from 10.3 percent the quarter before. But the figure was better than the 9.5 percent growth analysts were expecting.
Industrial output rose 13.3 percent in September from a year earlier, the statistics bureau said, while retail sales rose 18.8 percent.
Urban fixed asset investment gained 24.5 percent in the first nine months of 2010 from a year earlier. That compared with economists’ 24.6 percent median estimate.