Ford Motor Co posted a 44 percent jump in its China vehicle sales in 2009, and aims to outpace growth in the world's largest auto market this year, banking on continued state policy incentives to drive demand.Ford, which broke ground for a $490 million new China plant in September, sold 440,619 vehicles in the country in 2009.That compared with 306,306 units in 2008 and marked an acceleration in a

China will encourage private enterprises to play a bigger role in the publishing business, according to guidelines to be released by the industry watchdog.Private enterprises will be allowed to publish books on science and technology, finance and economy, supplementary materials to textbooks, music and arts, and children's books, says a document to be issued by the General Administration of Press

The US Commerce Department said on Tuesday that it has set preliminary antidumping duties (AD) on imports of steel grating from China, a move that might escalate trade disputes between the two countries. The department said it "preliminarily determined that Chinese producers/exporters have sold steel grating in the United States at 14.36 to 145.18 percent less than normal value." As a re

The total volume of retail sales in China will likely grow by 16 percent next year said Chen Deming, minister of Commerce, at the ministry's annually-held 2009 working conference. This figure assumes that government's macro-level economic policies will help contain inflation and continue to stimulate demand. The Commerce minister also predicted the commodity trade will grow by 8 per

The outlook for Chinese exports is still fairly grim next year, because demand from developed countries, including the United States and European nations, will not have sufficiently recovered, as unemployment in those countries is still too high said the Minister of Commerce, Chen Deming. "It is impossible that growth of the exports will recover to the high of before 2008 over the next three

Profits of China's major industrial enterprises in the first 11 months rose 7.8 percent from the same period a year ago, the National Bureau of Statistics (NBS) said Monday.The growth rate was 2.9 percentage points higher than the corresponding period last year, when the global financial crisis started to weigh on the national economy.The NBS did not provide industrial profit figures for the Janua

China would enhance supports to small and medium-sized enterprises (SMEs) next year with preferential tax policy and easier channels to raise fund, a senior official said Thursday. Li Yizhong, Minister of Industry and Information Technology, told members of the National People's Congress Standing Committee that the government has set up a special fund under the central budget to promote the d