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China willing to deepen energy cooperation with Russia: vice premier

China

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China

China willing to deepen energy cooperation with Russia: vice premier

2025-04-18 20:31 Last Updated At:22:07

China is willing to work with Russia to deepen the mutually beneficial energy cooperation to bring tangible benefits to the two countries and their people, Chinese Vice Premier Ding Xuexiang said on Friday.

Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the statement at a meeting with visiting Russian Energy Minister Sergey Tsivilev in Beijing.

Energy cooperation is an important cornerstone of practical cooperation between China and Russia, providing strong support for high-level development of bilateral relations, Ding said.

China, taking the important consensus reached between Chinese President Xi Jinping and Russian President Vladimir Putin as a fundamental guideline, is willing to further deepen the mutually beneficial energy cooperation with Russia, steadily advance the execution of major energy cooperation projects, and actively expand new space for energy cooperation, so as to bring tangible benefits to the two countries and their people, said the vice premier.

China is also willing to strengthen coordination and interaction with Russia under multilateral mechanisms to promote the establishment of a global energy governance system based on equity, justice, balance and inclusiveness, he noted.

Tsivilev said the Russian side fully endorses the multilateral initiatives proposed by the Chinese side, always regards China as a reliable partner, and is willing to promote solid progress in bilateral energy cooperation to better contribute to high-level development of Russia-China relations.

China willing to deepen energy cooperation with Russia: vice premier

China willing to deepen energy cooperation with Russia: vice premier

China's movie industry is increasingly deriving its earnings from broader consumer economy.

Released during the 2025 summer season, the film "Nobody" became China's highest-grossing two-dimensional animated film -- and its success went beyond theaters.

Through licensing and brand partnerships, the movie has generated 2.5 billion yuan (about 358.3 million U.S. dollars) in retail sales to consumers, with more than 800 licensed products on the market.

Ranging from plush toys to food and home goods, the movie-related merchandise can be purchased from over 3,000 online and offline outlets.

Meanwhile, souvenir stores are crowded at Shanghai Disneyland's Zootopia themed land, with hats, plush toys, and collectibles seeing steady demand from visitors.

"China's film industry is no longer defined by box office revenue alone. It has become a new growth engine that links and energizes multiple cultural sectors. At the heart of every successful film is strong storytelling. High-quality productions create cultural value, which in turn enhances the commercial value of intellectual property and opens up new consumption opportunities. I believe China's film industry delivered an outstanding performance in the past year," said Chen Xiaoda, vice dean of Shanghai Vancouver Film School.

Film IP fuels expansion of consumer market

Film IP fuels expansion of consumer market

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