In the first half of 2025, China's cultural industry saw investment deals surge 63.2% and amounts rise 88.9% YoY, amid policy support and market recovery. Despite pressure on traditional media, capital remains enthusiastic due to booming cultural-tech fusion (AI+culture projects >40% of PE investments) and IP-driven growth. This signals a shift in media investments: from conventional sectors to innovative new formats like digital content, VR, and embodied intelligence, prioritizing high-growth tech-integrated culture.
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The Russian city of Novorossiysk was attacked and declared a state of emergency, escalating the Russia-Ukraine conflict A Ukrainian drone attacked the Russian port city of Novorossiysk, injuring five people, including two children. Zelensky announced the acceleration of the development of ballistic missiles. The United States approved 350 million US dollars in training assistance for the F-16. The intensity of the conflict continues to rise
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