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Even if that is a bullish forecast, tangible changes in China are under way.
The company also gave a bullish forecast for the current quarter.
In the United States, stock prices rose, owing mostly to a broad rally after a bullish forecast by Microsoft.
One analyst suggested that a bullish forecast on corporate profits for 1971 might have provided encouragement for in vestors.
This week, IATA, the trade body that represents most of the world's big airlines, released a bullish forecast update for 2014.
Intel, the computer chip maker, lost 1.3percentt for the week, despite a bullish forecast for second-quarter revenue in which it said would beat its previous estimates because of strong sales of its chips for laptop computers.
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Many private analysts are even more bullish, forecasting 20-25%.
Sales rose 57percenttoppinging Wall Street's already bullish forecasts.
As a result, Apple on Tuesday reported record sales and profits for the last three months of 2010 that far exceeded analysts' bullish forecasts.
While the state has retained ultimate control, such bullish forecasts have helped it to successfully list the first three groups on international stock markets.
Ford's hiring plans come amid bullish forecasts for sales across the industry in the years ahead, after a miserable 2009 and a modestly improved 2010.
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Justyna Jupowicz-Kozak
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