China Media Group (CMG) on Thursday convened a high-profile dialog in Moscow, bringing together guests to delve into the promising future of China-Russia cooperation.
The event is part of the Chinese state broadcaster's "China in Spring Time: Sharing Opportunities with the World" Global Dialog series.
Representatives from the political, academic, and media sectors of both countries engaged in discussions on topics such as China-Russia economic cooperation, scientific and technological innovation, cultural and people-to-people exchanges, and media collaboration.
The participants emphasized that China-Russia relations are an example of a new type of international relations and relations between neighboring countries and that cooperation and coordination between China and Russia contribute to global peace and stability, with all expressing confidence in the bright prospects for bilateral cooperation.
"I've learned a lot from this dialog, such as how my fellow Russian media workers collaborate with their Chinese partners and how this cooperation has advanced to reach a new level in both quality and quantity. Together with our Chinese counterparts, we are planning coverage for the 80th anniversary of the victory of the World Anti-Fascist War," said Vladimir Fesik, head of External Relations Department of All-Russia State Television and Radio Broadcasting Company.
During the event, the attendees also discussed topics such as China-Russia media cooperation driven by technological innovation and the global craze unleashed by China's animated blockbuster "Ne Zha 2".
They jointly watched the overseas promotional video of "Ne Zha 2" and highlights from CMG's productions on China's development.
Major Russian media outlets, including the government-run Rossiskaya Gazeta, TV BRICS, and Greater Asia TV, covered the event.
CMG holds dialog in Moscow on China-Russia cooperation outlook
CMG holds dialog in Moscow on China-Russia cooperation outlook
CMG holds dialog in Moscow on China-Russia cooperation outlook
U.S. stocks ended mixed on Wednesday, with the S and P 500 and Nasdaq Composite rising to fresh all-time highs, as investors remained hopeful about progress toward a U.S.-Iran peace deal.
The Dow Jones Industrial Average fell 0.15 percent to 48,463.72. The S and P 500 added 0.8 percent to a new record close of 7,022.95. The Nasdaq Composite Index rose 1.59 percent to 24,016.02, extending its winning streak to 11 consecutive sessions.
Seven of the 11 primary S and P 500 sectors closed lower, with materials and industrials leading the laggards at declines of 1.3 percent and 1.24 percent, respectively. Technology and consumer discretionary were the top performers, rising 2.08 percent and 1.37 percent.
Stocks have rallied strongly this week on hopes that a deal between the United States and Iran may materialize. U.S. President Donald Trump offered further encouragement, telling Fox Business in an interview on Wednesday that the Iran war is "very close to being over."
Broadcom was among the session's standout performers, rising 4.19 percent after Meta Platforms announced an extension of their partnership to deploy custom chips based on Broadcom's technology.
Meanwhile, the U.S. economy grew at a "slight to modest pace" over the past six weeks, even as consumers faced higher prices and increasing demand for assistance, according to the Federal Reserve's Beige Book released Wednesday. The report, covering the 12 Fed districts, described the Iran war as "a major source of uncertainty" for businesses. Price growth was characterized as "moderate," despite a sharp rise in energy and fuel costs.
"Many Districts continued to report signs of consumer financial strain, increased price sensitivity, and rising demand at food banks and other social service organizations, while spending among higher-income consumers was resilient," the Beige Book stated.
Shares of all the "Magnificent Seven" technology giants ended higher except for Amazon, led by a 7.62 percent surge in Tesla.
Bank of America rose nearly 2 percent and Morgan Stanley advanced 4.52 percent after reporting better-than-expected quarterly results. Goldman Sachs kicked off bank earnings season on Monday, followed by Wells Fargo, JPMorgan Chase and Citigroup on Tuesday.
Snap Inc. surged nearly 8 percent after the company announced it would lay off approximately 16 percent of its global workforce, with its CEO Evan Spiegel citing "rapid advancements in artificial intelligence" as a key factor.
U.S. stocks close mixed with S and P 500, Nasdaq hitting record highs
