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China is about 10 percent of the group. We strongly believe there is a clear potential to double the market. Now, we have only been in China for 10 years. With double-digit growth each year, we are also planning double-digit growth for the five years to come. So, there's a huge potential in China if you know how to activate that market through digital retail experience. Product innovation, marketing localization, and omnichannel strategies will be the key for success. We're really excited about it.

China is facing a challenge in caring for the aging population. Chronic diseases are expected to rise in the next five years, said experts. They expect a sharp increase in consumer spending on long-term healthcare. For its part, the government will likely bear a heavier burden of paying more social security fees.

China is Africa's true development partner. As Chinese President Xi Jinping said at the FOCAC summit, not only has China always respected and supported Africa, but it also welcomes and backs all initiatives that meet the continent's interests.

China is actively promoting the Made in China 2025 plan, in the hope of upgrading its sprawling manufacturing sector with cutting-edge technologies such as big data and artificial intelligence.

China has rolled out a guideline to reform and refine its social aid system, pledging to bolster assistance for low-income families in the event of public emergencies, such as major pandemics, and widen the coverage of welfare programs.