武汉桑拿会所：The Chinese consumer market is recovering more steadily than the rest of the world (Witness·China Opportunity)
“The Chinese consumer market is recovering more steadily than the rest of the world” (Witness·China Opportunity)
”China opens up its super-large market to other countries through the CIIE platform,Share development opportunities,Create a better future,This open and inclusive spirit is very valuable.”On the eve of the third CIIE,Jean-Paul Angon, Chairman and CEO of L’Oréal Group, said in an interview with our reporter.
An Gong recalled the situation when he opened L’Oréal China branch in Shanghai 23 years ago.At that time the company was located in a small office building,There are only more than 20 employees.just now,The company has a spacious office building,Thousands of employees,Become a well-known beauty company in the Chinese market.”This huge change has benefited from the efforts of the group.It also benefits from the rapid development of China’s economy and society in recent years and the continuous growth of the Chinese market.”An Gong said.It is out of firm confidence in China’s development prospects,L’Oréal became one of the first multinational companies confirmed to participate in the first CIIE.”We are optimistic about the CIIE from the beginning.It is the world’s first national exhibition with the theme of import,It is a remarkable innovation in the history of international trade development.”
An Gong participated in the first two CIIEs.”Every time I participate,I have been shocked by the Chinese consumers’ yearning for quality products and a better life.”L’Oréal launched a number of new products at the China International Import Expo and became “explosive models”.Many beauty products achieved hot sales.E.g,The L’Oréal brand “Sanxiyu” exhibited at the first CIIE was the number one international cosmetics brand in terms of sales during the Tmall “618” event this year; the virtual hair color test application displayed at the second CIIE,Has landed in more than 100 hair salons across the country,There are also many hair salons showing a keen interest in the Kashi Scalp Hair Quality Tester that was displayed last year.
current,The new crown pneumonia epidemic is still spreading globally.”The Chinese government puts the people’s life safety and physical health first,Take the most comprehensive, strict and thorough prevention and control measures,At the same time, actively carry out international cooperation in the fight against the epidemic.The unity, bravery and dedication shown by the Chinese people are admirable.”An Gong said.China holds the third CIIE as scheduled,It itself proves that China has achieved remarkable results in coordinating epidemic prevention and control and economic and social development.Demonstrating that China continues to promote high-level opening up,The determination and confidence to further optimize the business environment,”Send to the world a signal of openness, tolerance, inclusiveness, and mutual benefit,Inject strong impetus to promote the recovery of the world economy.”
Affected by the epidemic,In the first half of this year, L’Oréal Group’s global sales declined,But the Chinese mainland market performed well,The year-on-year growth in the first 9 months reached 20.8%.The good performance of the Chinese market has driven its global performance back to positive growth in the third quarter.
”The Chinese consumer market is recovering more steadily than the rest of the world.Shows extreme toughness.”An Gong noticed.Chinese consumers pay more attention to the concepts of “good consumption” such as quality consumption, healthy consumption, rational consumption, responsible consumption, and green consumption.An Gong said,The fundamentals of China’s long-term economic improvement will not change.”Our confidence in the long-term, high-quality development of the Chinese economy will not be shaken.”
An Gong said,China is accelerating the formation of a new development pattern in which domestic and international cycles are the mainstay and the domestic and international cycles are mutually reinforcing.It provides huge opportunities for the development of multinational enterprises.”China has adopted multiple strategies to boost domestic demand.People have higher and higher requirements for the quality of life,The demand for beauty is growing stronger,Make beauty one of the most dynamic industries in the consumer market.China is becoming more and more open,It means that more and more world-leading products, services and solutions come to China,There will also be more and more “Chinese innovations” going to the world and benefiting the world.”
this year,L’Oréal Group was elected as the first rotating chairman unit of the 3rd CIIE Exhibitor Alliance Council and the first chairman unit of the Daily Chemical Consumer Products Professional Committee.It also plans to sign a contract to participate in the next three CIIEs.”We look forward to using the open cooperation platform of CIIE,Explore the unlimited opportunities in the Chinese market with the world,Work together to contribute to building an open world economy.”An Gong said.
”People’s Daily” (November 02, 2020 03 Edition)