The biggest advantage is China's enormous potential market.… - Liu Chuanzhi

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The biggest advantage is China's enormous potential market. Our government actively supports the local computer industry. We have lower production costs than foreign competitors. On the other hand, we are technologically far behind the West. Another disadvantage is that there is a very shallow understanding of market principles in this country. This seriously undermines the growth of the PC industry.

Liu Chuanzhi

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About Liu Chuanzhi

Liu Chuanzhi (born April 29, 1944) is a Chinese businessman and the founder of Lenovo, the largest computer maker in the world.

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Additional quotes by Liu Chuanzhi

A company should have a vision. But vision alone is not enough; you also have to set a mid-term target. After that, the most important thing will be [to determine] the strategies for reaching this target.

The key to implementation is people. In a war, even you have a good fighting strategy, history tells us that having soldiers who are brave enough, with skills in shooting and fighting, is what makes the difference.

We are lucky that Steve Jobs has such a bad temper and doesn't care about China. If Apple were to spend the same effort on the Chinese consumer as we do, we would be in trouble.

The biggest advantage is China's enormous potential market. Our government actively supports the local computer industry. We have lower production co… - Liu Chuanzhi

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