How to store password as encrypted in properties file in Spring

I am very new in Spring framework and I am using Spring framework to manage my database connections and so on. Applicaiton reads my db connection parameters from a property file. The thing I need is to store my connection password in property file as encrypted. Here is my datasource xml file

    <?xml version="1.0" encoding="UTF-8"?>
<beans xmlns="http://www.springframework.org/schema/beans"
       xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
       xmlns:tx="http://www.springframework.org/schema/tx"
       xsi:schemaLocation="
       http://www.springframework.org/schema/beans http://www.springframework.org/schema/beans/spring-beans-2.0.xsd
       http://www.springframework.org/schema/tx http://www.springframework.org/schema/tx/spring-tx-2.0.xsd">

    <bean class="org.springframework.beans.factory.config.PropertyPlaceholderConfigurer">
        <property name="location">
            <value>file:${DBConfigFile}</value>
        </property>
    </bean>

    <bean id="myDataSource"   class="com.mchange.v2.c3p0.ComboPooledDataSource" destroy-method="close">
        <property name="driverClass" value="${jdbc.driverClassName}" />
        <property name="jdbcUrl" value="${jdbc.url}" />
        <property name="user" value="${jdbc.username}" />
        <property name="password" value="${jdbc.password}" />
        <property name="initialPoolSize"><value>3</value></property>
        <property name="minPoolSize"><value>3</value></property>
        <property name="maxPoolSize"><value>50</value></property>
        <property name="idleConnectionTestPeriod"><value>200</value></property>
        <property name="acquireIncrement"><value>1</value></property>
        <property name="maxStatements"><value>0</value></property>
        <property name="numHelperThreads"><value>3</value></property>
    </bean>

</beans>

I am thiking to write the password encrypted to property file and I am wondering if Spring can decrypt it with an algorithm automatically. Is it possible with configuration. Thank you in advance.