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CIFTIS rides new wave of cultural consumption

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CIFTIS

BEIJING, CHINA – Media OutReach Newswire – 15 September 2025 – The culture and tourism services exhibition hall was among the most vibrant venues at the 2025 China International Fair for Trade in Services (CIFTIS), attracting dense crowds eager to explore the vibrant displays.

Visitors wandered through bustling aisles filled with a dazzling array of cultural and creative products, spanning from refrigerator magnets to postcards and beyond.

The exhibition not only showcased China’s rich cultural heritage but also underscored the creative vitality of its cultural industries. Chinese companies are bridging tradition and modernity, merging national identity with global trends, and redefining cultural consumption.

REVIVAL OF TRADITION

Museum-inspired creative products have become a defining feature of cultural consumption. Recently, the “Phoenix Crown” magnet from the National Museum of China, based on historical artifacts, ignited a buying frenzy. At the CIFTIS culture and tourism services zone, local companies displayed their own creations, drawing inspiration from cultural landmarks.

Ren Bin, product manager from a creative cultural company called Panjiayuan, said that they design their products from traditional cultural elements. “We preserve the beauty of artifacts while incorporating modern aesthetics — we hope to help more young people understand Chinese traditional culture,” he said.

Alongside traditional culture, traditional crafts have also emerged as a new consumption hotspot. At the Fangshan district booth, staff demonstrated the process of grinding ingredients like agarwood, rose, and jasmine into fine powder, which was then transformed into delicate beads for bracelets and accessories.

“These products are popular for their elegant scents and role in traditional Chinese aromatic therapy, making them ideal wellness souvenirs,” said Jiang Li, a staff member.

CROSSOVER TRENDS

Even the most contemporary toys are tapping into traditional influences. Chinese toy-maker Pop Mart showcased IP products blending traditional elements, such as Dunhuang Grottoes-inspired attire.

While rooted in local culture, many trendy toy companies are expanding internationally. Shen Hao, public affairs general manager at Letsvan, said the company’s products now reach markets in Southeast Asia, North America, and the Middle East.

“We actively incorporate overseas cultural elements,” he said, holding up a doll wearing traditional Thai attire, complete with an elephant-ear-shaped cap. “This creates cross-cultural connections.”

The company is pursuing cross-sector collaborations, including recent partnerships with the China Open tennis tournament and China Fashion Week. Shen added that Letsvan will continue to innovate through cross-disciplinary integration.

Hu Qiang, general manager of public relations at Letsvan, noted, “Every era has its iconic toys. Where Barbie represented idealized beauty, today’s dolls celebrate unique expressions and identity — reflecting young people’s desire for individuality. This demands we explore more diverse and interdisciplinary themes.”

INTERACTIVE CONSUMPTION

Throughout the exhibition hall, one activity captured widespread enthusiasm: stamp collecting. What began as a simple interactive experience has now become a cultural phenomenon.

The stamp stations act as a subtle guide, encouraging visitors to explore every booth. Many visitors came prepared with blank booklets, turning stamp collecting into a cherished memory-keeping ritual.

At the China National Film Museum booth, visitor Hu Huiyuan carefully pressed stamps into a new booklet. “I already have several stamp books at home,” she explained. “Because CIFTIS is so expansive, I started a dedicated one just for this event.” To her, these collections are more than mementos — they’re tangible records of life’s journey.

The trend has also taken an artistic turn: multiple layered stamps can form composite images, with each impression adding new colors or details. This transforms simple stamp collecting into a personalized visual art, boosting both engagement and creativity.

In fact, this craving for deeper interaction now fuels cultural consumption. Across the hall, visitors queued to try mixed-reality (MR) experiences through wearable devices, immersing themselves in interactive virtual worlds or taking digital tours of global landmarks.

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Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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