Execs laud Xi's keynote remarks at 4th CIIE (V)

Woody Guo, president of Herbalife Nutrition China and senior vice-president of Herbalife Nutrition

President Xi's speech demonstrated China's determination to further expand its opening to the outside world. The country's opening-up will create broader opportunities for foreign-funded enterprises, and this absolutely strengthens our confidence for long-term development in the Chinese market.

Herbalife Nutrition, as a leading global nutrition company, has been in China for more than 20 years since we built our first facility in the country in 1998. Over the years, we have witnessed China's remarkable achievements, and it's growing into the world's second-largest economy. We have also witnessed the continuous improvement of Chinese people's living standards. With the rapid growth of our business in the Chinese market, we have participated in, witnessed and benefited from China's opening-up.

We strongly believe implementation of the new measures announced by President Xi will create further opportunities for foreign-funded enterprises. We have deeply felt the continuous improvement of China's business environment, and are very confident in the long-term development prospects of the Chinese market.