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Editor's Note: This year marks the 40th anniversary of China's reform and opening-up. China Daily interviewed top executives of well-known multinational companies for their views on the country's socioeconomic development.

Please use three words to describe China's changes in the past 40 years.

Tremendous: When I was a kid, we talked often about the goal of having GDP per capita reach $1,000. Now Shanghai's has surpassed $20,000. The change is huge.