Shanghai-based Greenland Group Co Ltd raised its overseas sales target to 20 billion yuan ($3.25 billion) for 2014, acting bullish on its overseas business expansion.

"We will kick off the sales campaign in our projects in the United Kingdom, United States, Canada, Thailand and Malaysia this year, thereby boosting our overseas sales target to 20 billion yuan in 2014," Zhang Yuliang, chairman of Greenland Group said in an e-mailed statement on Monday.

The company's overseas sales stood at 3 billion yuan in 2013.