Mercedes-Benz will also maintain a strong program of new product offerings in 2014 with the introduction of a new long-wheel base C-Class and all-new CLA-Class and other new models.

"We will also start local production of GLA-Class compact sports-utility vehicles in Beijing in 2015 to further enrich our local production lin

The company's success in its product strategy in 2013 was illustrated by demand that outstripped supply of the new S-Class launched in October.

"And the Denza, our electric vehicle brand tailored for China developed by our joint venture with BYD Co will produce its first car this year," said Troska.

"We are now establishing a dedicated distribution network for the environmentally friendly cars."

The company became the first foreign automaker in the electric vehicle sector to bring a model to Chinese individual consumers when the smart for two electric drive went on sale last year.

"With the best product offerings, best service, fast dealership expansion and continuous brand reinforcement, we are now well on track to catching up," said Troska in reference to the fierce competition in China's luxury vehicle market.