In terms of displacement and power, the displacement of 550 is larger, so the maximum power and maximum torque are also higher. So, if you need higher dynamic performance, then 550 may be more suitable for your needs.
However, besides displacement and power, there are other factors to be considered, such as fuel economy, reliability and maintenance cost of the engine. Therefore, between choosing 530 and 550 Wei Chai engines, it is suggested that you make comprehensive consideration and selection according to your own needs and actual situation.