白富美
bái fù měi
The literal translation is: “light-skinned, rich, and beautiful.”
This Internet slang term describes the stereotype of an ideal woman for dating or marriage.
Other popular phrases that goes hand in hand with this is: 高帅富 (gao shuai fu): "Tall, handsome, and rich" and 屌丝 (diaosi): which is the opposite of “tall, handsome, and rich”.
In the advent of the one-child policy, many parents have high standards for their only precious child's marriage partner which resulted in the popularity of these phrases as a way to show their standards.