AGP Executive Report
Last update: 11 hours agoMicrodrama Boom: China’s microdrama industry has surged from short-video experiments into a standalone, multi-billion-dollar business, with revenues rising from about $0.5B (2021) to $7B (2024) and forecast to top $9.4B (2025). Streaming & Media: PCCW’s Viu and iQiyi International are teaming up for a single subscription bundle across Southeast Asia, pushing more Chinese and regional dramas plus microdramas. Cross-Strait Culture: Mainland officials say they’re glad to see performing artists visit Taiwan for exchanges, signaling continued cultural outreach. Tech Meets Everyday Life: Ant’s Alipay rolls out an AI-native “Ah Bao” agent to help users book services and complete daily tasks by voice, while Microsoft reportedly explores using DeepSeek to cut AI costs. Luxury & Fashion: Max Mara marks its 75th anniversary in Shanghai with “The Max!” exhibition and a cruise 2027 show. Global Arts Spotlight: The Tang Prize in Sinology goes to historian Ge Zhaoguang, who says Sinology offers a “rebirth” mission to explain Chinese culture worldwide.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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