Chinese brands help build nation's strength

chinadaily.com.cn | Updated: 2022-05-11 06:40
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Visitors gather at the booth of iFlytek during the Smart China Expo in Chongqing. [Photo provided to China Daily]

- Raising brand awareness

Brand awareness has become increasingly significant for Chinese enterprises enhancing their market competitiveness, offering strong support for industrial transformation and upgrade, as well as high-quality economic development.

Liu Qingfeng, chairman of iFlytek, a front-runner in the intelligent speech and AI industry, said improvement in R&D and brand image help the company accelerate development in education, healthcare, and automobile sectors. Driven by industrial upgrades, iFlytek registered a more than 40 percent growth in revenue last year.

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