Geely Holding Group has marked a significant milestone in 2023 as its overseas sales exceeded domestic sales for the first time, according to Chairman Li Shufu. Speaking at a recent industry conference, Li highlighted the company’s robust performance despite the global economic uncertainties that have unsettled many markets.
“The whole world is facing a lot of uncertainties,” Li acknowledged. “But we must be confident in our strengths and abilities.”
The Zhejiang-based automotive giant’s success overseas reflects its strategic focus on international markets and innovation. By adapting to diverse consumer needs and strengthening its global presence, Geely has managed to navigate the complexities of the current economic landscape.
The chairman emphasized that confidence and resilience are crucial for businesses to thrive amid challenges. “We have invested in building a strong foundation, and now we are seeing the results,” Li said. “Our commitment to excellence drives us forward.”
Industry analysts view Geely’s achievement as a positive indicator for Chinese automotive companies expanding globally. The company’s ability to surpass domestic sales overseas suggests a growing acceptance and competitiveness of Chinese brands on the world stage.
As geopolitical tensions and economic fluctuations continue to shape the global market, Geely’s success story offers insights into how businesses can adapt and succeed. Li’s message resonates with entrepreneurs and investors looking for strategies to navigate uncertainty.
“Our journey is just beginning,” Li stated. “We will continue to innovate and bring quality products to consumers worldwide.”
Reference(s):
cgtn.com
