A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 179 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Rongbin Xie

Rongbin Xie

Deputy Editor-in-chief, Global Times; Chairman, People.cn
Quotes
18.06.2022
SPIEF 2022
To Be or Not to Be? Modern Challenges and Future Scenarios for the Print Media in the Digital Era
It’s a great honour for me to speak about the Chinese media, and particularly about newspapers. A report on the state of the Chinese media sector was published a month ago. Media-related income in China is more than CNY 1 trillion. This represents a 11.2% decrease on the previous year. The number of newspapers is declining. Today, there are more than 80 newspapers – 8% fewer than there were in 2019. So, the figures are declining, but not by that much. However, data taken over five years shows a more marked decline. The total circulation of Chinese newspapers is 20 billion. We can see a decline. There are now 96 fewer newspapers than there were five years ago. This is the general situation regarding Chinese newspapers. At the same time, the figures in China increased a bit – by 10%. There are a few different explanations for this growth. For one thing, older people enjoy reading newspapers. This growth is a rare phenomenon, and runs contrary to the general trend. Taken together, Chinese magazines have a total revenue of CNY 2.3 billion. Advertising revenue is CNY 5 billion – a slight decrease. Revenue from radio advertising is also down. A lot of advertisements are moving online – the volume there is growing all the time. Income from advertising is at more than CNY 700 billion. This is in excess of all indicators. These are enormous figures. Looking at figures for newspapers in 2020, 170,000 people were employed in print media. This indicates that the number of employees is going down by 10,000 each year,
18.06.2022
SPIEF 2022
To Be or Not to Be? Modern Challenges and Future Scenarios for the Print Media in the Digital Era
Print media will of course remain as we get to 2030. China is different to other countries – the media is supported by the party, by the state. There are numerous party newspapers, and of course, they will remain