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Shanghai TV Festival honors best TV shows with Magnolia Awards

China

China

China

Shanghai TV Festival honors best TV shows with Magnolia Awards

2025-06-28 15:31 Last Updated At:23:47

The 2025 Magnolia Awards Ceremony was held on the occasion of the 30th Shanghai TV Festival on Friday night.

This year marked the first time the TV and film festivals were fully integrated, showcasing the growing synergy in China's screen industries.

In the Chinese TV drama section, "Echoes of the Northwest" and "We Are Criminal Police" received the Magnolia Grand Prix.

"To the Wonder" took home both Best TV Series and Best Cinematography.

Jin Dong won Best Actor in a Leading Role for his performance in "Echoes of the Northwest."

Fei Zhenxiang and Song Jia were awarded Best Director and Best Actress in a Leading Role, respectively, for "She and Her Girls."

Xu Meng received Best Original Screenplay for "We Are Criminal Police", while Li Xiao and Wang Si won Best Adapted Screenplay for "The Tale of Rose".

"Discovering China through Bamboo and Wooden Slips" and "Amazing Night" were recognized as Best Variety Program.

In addition, "To the Wonder", "The Forever Walking China: Season 3", and the animated series "Adventure Carly" received the International Communication Award for their global impact.

Established in 1986, the Magnolia Awards is one of China's three major awards for television programs and remains the highlight of the annual Shanghai TV Festival.

Shanghai TV Festival honors best TV shows with Magnolia Awards

Shanghai TV Festival honors best TV shows with Magnolia Awards

Shanghai TV Festival honors best TV shows with Magnolia Awards

Shanghai TV Festival honors best TV shows with Magnolia Awards

Nigeria's fuel market is undergoing a rare shake-up as competition pushes prices lower, bringing relief to local consumers while raising concerns over business durability.

In the capital city of Abuja, the state oil firm Nigerian National Petroleum Company (NNPC) has been selling petrol at about 815 naira per liter (about 0.57 U.S. dollars per liter), down from about 0.66 U.S. dollars per liter earlier in 2026. Other stations supplied by private giant Dangote are offering even lower prices, selling at around 750 naira (about 0.53 U.S. dollars) per liter.

For millions of Nigerians, the drop has been easing pressure on transport, food and daily living costs.

"I spend relatively lower on fuel and, by implication, transportation now than what it used to be," said Salifu Usman, a local resident in Abuja.

"We are happy with what we are seeing, because, of course, for a very long time, we are witnessing the crash down of price, even during festive period," said Jonathan Madaki, another resident.

The price cut has also allowed for higher profit margins for local small business operators, who have long relied on petrol-powered generators to cope with chronic power shortages.

Behind the price cuts is a growing battle for market share. The Nigeria-based Dangote Refinery, the largest in Africa, has boosted domestic supply and slashed its wholesale price to around 700 naira (about 0.49 U.S. dollars) per liter.

The move has forced importers and the state oil company to lower their own prices to stay competitive. But as margins shrink, analysts warn, what now appears to be a price war may not last.

"My own interpretation is that we are going to that stage where, especially those that, if it keeps coming down, I think those that bring in products may find it not so attractive again. So I don't actually see how sustainable this price war, if I may use that term, will be," said energy expert Paul Ogwu.

Nigeria petrol price cuts ease living costs, raise durability concerns

Nigeria petrol price cuts ease living costs, raise durability concerns

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