At the Capcom Cup a few days ago, everyone got their first glimpse at how Street Fighter V is coming along. The on-stage demo had Ryu fighting Chun-Li fighting in the streets.
The game's still in heavy development so things can change heavily. It does look a lot like Street Fighter 4 for now, with some enhancements of course. I will say that seeing Chun-Li fighting with bowl of noodles on top of her head threw me off a bit.