Xi's speech offers hope to strengthen China-Latin America ties: ambassadors

Chinese President Xi Jinping's speech at the opening ceremony of the fourth ministerial meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum resonated with ambassadors attending the forum, who hope to see deepening relations between China and Latin American countries.

The opening ceremony of the forum was held in Beijing on Tuesday. Foreign ambassadors to China in attendance praised Xi's speech at the ceremony, in which he said the community with a shared future formed by member countries has promising development prospects.

"Xi Jinping is visionary. His speech is of great importance," said Jesus Seade Kuri, Mexican ambassador to China.

"Xi Jinping's speech offers significant hope and possibilities for relations between Latin America and China. I have great ideas about how to move this forward, and I believe our relationship will become increasingly successful in the future," said Salvador Moncada, Honduran ambassador to China.

The Chinese president attended the opening ceremony with guests from CELAC member countries, including Colombian President Gustavo Petro, Brazilian President Luiz Inacio Lula da Silva, Chilean President Gabriel Boric, and President of the New Development Bank Dilma Roussef.

Xi's speech offers hope to strengthen China-Latin America ties: ambassadors

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