China Media Group (CMG) signed a memorandum of cooperation with Brazil's Grupo Globo, the largest media group in Latin America, in Rio De Janeiro, Brazil, on Monday.

The two sides will partner in film and television drama, sports, entertainment and 5G technology applications.

At the working meeting, Shen Haixiong, president of China Media Group (CMG), and Roberto Marinho Neto, board member of Grupo Globo, discussed further deepening cooperation. Li Yang, Chinese consulate-general in Rio De Janeiro, also attended the event.

Shen Haixiong said that Chinese President Xi Jinping's attendance at the upcoming BRICS Summit in Brazil would add new impetus to the friendship and economic and cultural cooperation between China and Brazil, and China-Brazil cooperation has become a model for South-South cooperation.

He added that CMG, along with Grupo Globo, based on the sharing of news resources, will further explore in-depth cooperation in program exchange, co-production, and 4K/8K and 5G technology applications.

Roberto Marinho Neto said he hoped to use well Grupo Globo's all-media platforms such as TV, radio and new media to expand cooperation with CMG in co-production of TV films, sharing of program content and utilization of new technology, and strengthen exchanges and learning between media personnel.

Founded in 1925 and headquartered in Rio de Janeiro, Grupo Globo covers a wide range of fields including film and television, radio, publishing, music, and real estate. Its affiliate Rede Globo, the largest commercial TV network in Latin America, produces a large number of news, sports, TV dramas and documentary programs every year.

(Top image:  Shen Haixiong (L), president of China Media Group (CMG), and Roberto Marinho Neto, board member of Grupo Globo, shake hands in Rio De Janeiro, Brazil, November 11, 2019. /CCTV Photo)