Volvo: New plant shows confidence in Chengdu

Despite growing competition in the automotive market, Volvo is confident about its development in China, said Lars Danielson, senior vice-president for China operations, in an exclusive interview with China Daily.

Danielson said Chengdu, where the carmaker has its first China plant, is "very important".

"For Volvo Cars, the Chinese automotive market is unique. It has the strongest growth momentum in the world," he said.