MSVCR120.dll is missing Windows 7 Photoshop CC 2015

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Adobe Photoshop User Guide
Applies to: Adobe Photoshop CC (2015)

某些 Creative Cloud 应用程序、服务和功能在中国不可用。

MSVCR120.dll is missing on Windows 7 with Adobe Photoshop CC 2015.

Issue:

MSVCR120.dll file is missing when you try to launch Photoshop CC 2015

Solution

Photoshop CC 2015 requires Windows 7 Service Pack 1 or later. For more information, see System Requirement for CC 2015

Install Windows 7 Service Pack 1 from Windows Update or from this link: How to install Windows 7 (SP1)