"Traditional PC vendors are no longer our top rivals. Our next step is to challenge Apple and Samsung in the portable consumer electronics sector."

Yang Yuanqing, chairman and CEO of Lenovo Group Ltd. Over the past five years, Lenovo has eaten away at other PC manufacturers' market share, reaching the top position in China first and then in the rest of the world. Yang is determined to copy this strategy on a new battleground.

"For investors it's a tough time to make investment decisions, but it's also a good time to enter the market, as the industry may experience explosive growth in 2016 and 2017."

Pan Xiaofeng, managing director of GSR Ventures. The domestic alternative-fuel vehicle industry has reached a turning point and is on track for rapid development in the next two or three years, experts say.

(China Daily Africa Weekly 01/17/2014 page20)