unlike most things coming out of china those longson cpu's have been expensive as hell... at least the ones I have seen here in europe.
unless they are able to deliver a cpu+gpu at a decent price that allows for a 600/700 euro laptop
the price of there ~1000€ notebook is only so high because its there product for military-workstation customers.
You can also buy a 250€ loongson notebook but yes these kind of notebooks are a real "joke".
I'm sure in the time they do have a gpu to you will get a much cheaper product from them.
the roadmap right now is to jump from radeon hd3200 to a radeon hd4200 in the next 30nm (8core loongson)product cycle and then there own gpu should be ready.
i think they build a PCIe based one first and later they also go for a APU version.