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Foreigners share views on Made in China 2025 strategy

chinadaily.com.cn | Updated: 2018-05-01 10:07
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Qualitysell (Canada)

People prefer brand-name products because they trust the quality, warranty and good customer service behind the brands.

Lenovo, Volvo, Huawei, Hair, TP-Link are recognized as top-quality brands from Chinese owned companies.

Xiaomi smartphones and BYD electric buses are gaining media attention lately because of their innovative designs that could lead to mass adoption in the West.

Like leading brands in the West, Chinese companies can expect an over 50 percent gross margin because the end users understand that they are getting quality products based on quality specifications and worry-free warranties and customer service, on top of the feel-good satisfaction of owning a brand-name item.

A BYD Co electric bus is on display at the transport authority in Los Angeles. [Photo/Xinhua]

 

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