BEIJING - Chinas central bank said on Jan 30 that it would raise the priority of keeping overall price levels under control in 2011 by adopting a prudent monetary policy. Hines Ward Jerseys . Controlling overall price levels will be higher up the agenda in 2011, while the financial system should be kept secure and sound, said a report on the Peoples Bank of China (PBOC) website. Chinas consumer price index (CPI) rose 4.6 percent from a year earlier in December, down from 5.1 percent in November, which was the fastest rate in more than two years. Last year, the CPI climbed 3.3 percent, exceeding the central governments official target of 3 percent. Related readings: Chinas central bank reiterates monetary policy stance in 2011 PBOC cuts 2011 banks lending target PBOC to focus on capital inflows Reserve requirements raised to tame inflation Rising consumer prices have prompted the central bank to launch a series of monetary-tightening measures, including two interest rate increases and a series of rises in the bank reserve requirement ratio since the beginning of last year. The PBOC would continue to utilize price and quantitative tools such as interest rates, reserve requirement ratios and open market operations to reach the goal and improve the monetary policy tools, said the report. The Chinese authorities first announced last month a shift to a prudent monetary policy in 2011 as it sought to rein in liquidity, combat accelerating inflation and limit the risk of asset bubbles. 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