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Beijing (CNS) -- Analysts predict that China's currency the renminbi, or yuan, will see a slight rise this year.

The central economic work conference has set a stable tone for the yuan's rate, so it will rise by two percent in 2013, said Guo Tianyong, of the Central University of Finance and Economics.

Wang Haozhi, from Chartered Bank, also predicted a rise of two percent.

There are no conditions for a sharp appreciation of the yuan, which will rise by 1.5 percent this year, predicted Liu Ligang, chief economist at the Australia and New Zealand Banking Group for the Greater China Region.

Tan Yaling, president of the China Forex Investment Research Institute, said the central government would implement a mild forex policy in 2013 to protect small- and medium-size enterprises which faced challenges last year.

The yuan's rate in 2012 was weakened by concerns over China's macro-economy in the first half, but advanced strongly in the fourth quarter as a result of a stabilizing economy, said Zhao Xijun, a finance professor at Renmin University of China.

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