STORY: China will become our largest market globally: President of Herbalife
SHOOTING TIME: July 12, 2024
DATELINE: July 18, 2024
LENGTH: 00:01:10
LOCATION: SHANGHAI, China
CATEGORY: ECONOMY

SHOTLIST:
1. SOUNDBITE (English): STEPHAN GRATZIANI, President of Herbalife
2. various of Herbalife plant and China

STORYLINE:

Stephan Gratziani, president of Herbalife, an America-based global nutrition company, expressed strong confidence in China's long-term development strategy and the growth potential of the Chinese market, in an interview with Xinhua.

SOUNDBITE (English): STEPHAN GRATZIANI, President of Herbalife
"I've seen and worked in many different countries. And I just believe the way that China undertakes its strategy for development, and it's a long-term strategy.

And so for us, it's a great market for us with huge potential. We're very excited about the future in China.

China has a lot of room for growth when we look at the potential of moving into tier-4 cities, obviously, tier-3, tier-5 cities. We are going to actually go about over the next 5 to 10 years to really develop the Chinese market to be the largest market, which we all believe it can and will be in the future.

There's no question just from a very basic standpoint, 1.4 billion people, the policies that are in place that are so proactive and forward-looking and very strategic, combined with, I believe, the entrepreneurial spirit, the innovative spirits in general of the culture in China, and just people that are looking for better health and well-being and for opportunity."

Xinhua News Agency correspondents reporting from Shanghai, China.
(XHTV)