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Noting that more than 50 percent of L'Oreal's sales in China come via e-commerce, Jean-Paul Agon, CEO of the cosmetics giant, said that "We are learning a lot in China and thanks to the learning that we have in China, we are improving our performance in e-commerce in all the countries of the world."
"While we work to ensure we meet the employment targets and tasks for this year, we must pay special attention to supporting businesses in difficulty. Helping the market players to survive is of great importance in keeping employment stable," Li said, "we also need to take well-focused steps to increase the number of new market players and create more jobs."

The company will remain determined in walking down the path of technological self-reliance, concentrating on key research and development projects and increasing resource investment to contribute to high-quality economic growth, he added.
While global industrial and supply chains have undergone disruption in the wake of the pandemic and a rising anti-globalization sentiment, the CIIE will certainly help re-dress the situation, no matter whether items showcased at the CIIE are intermediate products or end products, Gu pointed out.
"It comes as the island implements measures to recover from the COVID-19 pandemic, including the lifting of the 10-percent tax on U.S. dollars, setting a new legal framework to permit the private sector to make imports and exports," she told Xinhua.
来源:资阳报