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Today, Xiaomi Group co-founder and president Lu Weibing stated that Xiaomi's progress has been rapid and they plan to open nearly 20,000 stores by the end of this year. He mentioned: "When we were working on the new retail revolution in China, we were thinking about whether it could be taken overseas. After becoming the president of the international department in 2021 and visiting many countries, I have come to the conclusion that the Xiaomi model is universally applicable worldwide. If it can succeed in China, it can also succeed overseas."
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