L'Oreal pursuing a mission of 'Beauty for All'

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

Opening-up: Over the past 40 years, the world has witnessed China become a powerful nation. Thanks to reform and opening-up, China achieved huge economic growth and became the second-largest economy in the world, with the largest middle and high-income population.

Consumption diversification: With the rise of the middle and high-income group, consumption in China has become the powerhouse of economic growth. Chinese consumers and their demand have become new engines driving China's economy, and their pursuit of a better life is pushing the consumption upgrading toward a higher-quality, personalized, diversified and globalized future.