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

When Lenovo suffered a difficulty, I returned in spite of getting older because this is the business I created with my colleagues.

A strong, healthy man won’t be hit easily by the flu. It is the same with business: A healthy business will not be hit easily by a crisis.

With the current unprecedented uncertainties in global markets, I suggest that entrepreneurs should observe these uncertainties and act before them, do what they must do to move the business forward.

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

About Liu Chuanzhi

Additional quotes by Liu Chuanzhi