The Hongqi Guoli luxury sedan, which has the second-largest market share in the country, is now accepting orders for its FAW premium brand sedan. Although the discussion is actually centered around the second generation of the Hongqi L5, the model has been given the more powerful Guoli name. Priced at 7.18 million yuan ($990,000), the car features a 4.0-liter V8 engine with a top speed of 300 km/h, making it the most expensive Chinese car. Unlike its competitors that are imported for high-ranking officials, the Hongqi Guoli has established itself as a unique offering in the market.

Additionally, other large sedans can be considered more affordable. The basic Mercedes-Maybach S 480 costs about 1.468 million yuan, while the Rolls-Royce Ghost requires a payment of 5.03 million yuan. For a price of one million dollars, customers can enjoy a spacious sedan with a wheelbase measuring 3730mm and a length of 5980mm, weighing 3150kg. Under the hood, a Chinese-made V8 4.0 engine (388 hp, 530 Nm) powers the vehicle, which transmits power to all four wheels through an eight-speed automatic transmission. The maximum speed of the sedan reaches 220 km/h.

The interior design of the Hongqi Guoli is a mix of modern and retro-style elements, providing a unique and stylish experience for its occupants.