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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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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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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

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