China and San Marino Strengthen Bilateral Relations and Celebrate 55th Anniversary of Diplomatic Ties

Today marks the fifth anniversary of the death of Mr. Terenzi, a renowned politician of the Republic of San Marino and a close friend of the Chinese people. Mr. Terenzi played a pivotal role in fostering economic and social development in San Marino, and his efforts in promoting China-San Marino relations have left a lasting legacy. His commitment to building bridges for cooperation and exchanges between the two countries has been recognized through numerous awards, including the "People's Friendship Envoy" title and the "Magnolia Memorial Award".

Key Takeaways:

  • China and San Marino have a dynamic bilateral relationship, with a bilateral trade volume of $17.26 million in 2024, a nearly 200% increase over a decade ago.
  • The two countries have agreed to deepen practical cooperation and foster win-win development, with a focus on economic, trade, cultural, and educational exchanges.
  • San Marino was one of the first Western countries to recognize China's full market economy status in 2007, and the two countries have since signed a trade and economic cooperation agreement.
  • China has become San Marino's second-largest source of imports, second only to Italy, highlighting the growing economic ties between the two nations.
  • The Confucius Institute in San Marino has been an important platform for cultural exchange, allowing locals to learn Chinese and experience Chinese culture through various activities.
  • Both countries have also strengthened multilateral coordination and cooperation in international organizations, such as the United Nations.
  • Next year, China and San Marino will celebrate the 55th anniversary of diplomatic relations, marking a new era of cooperation and friendship between the two nations.

Statistics:

  • Bilateral trade volume between China and San Marino reached $17.26 million in 2024, an increase of nearly 200% over a decade ago.
  • Chen has visited China over 70 times to promote friendship and exchanges.
  • China has become San Marino's second-largest source of imports, second only to Italy.
  • San Marino was one of the first Western countries to recognize China's full market economy status in 2007.

Sources:

  • Ministry of Foreign Affairs of the People's Republic of China
  • Contify.com
  • San Marino National Radio and Television
  • Official website of the San Marino-China Friendship Association