Fabrice Megarbane, president of L'Oreal North Asia Zone and CEO of L'Oreal China

Hosting a grand event like the CIIE for four consecutive years not only manifests China's unparalleled economic strength and vitality, but also China's firm commitment in leading global economic recovery and sharing new development opportunities with the world. The CIIE, as one of China's critical moves in deepening its opening-up strategy and extending collaboration with the rest of the world, has now become a world-renowned platform that attracts enthusiastic participation.

The world has now become an inseparable whole. Only openness, inclusiveness, mutual benefit, and win-win cooperation can lead us to long-term prosperity. China's efforts in establishing a "dual circulation" development pattern, promoting international innovation and cooperation, as well as leading the practice of global sustainable development clearly demonstrate its dedication to a higher-level of opening-up and opportunity sharing.

This year marks the 20th anniversary of China's accession to the WTO. As an enterprise deeply rooted in China for 24 years, L'Oréal witnessed China's endeavors in opening-up and fostering closer cooperation with the rest of the world. We are here to share prospects, explore cooperation, and more importantly work together with China to create a better world.