China's central bank will issue a set of commemorative coins on Sept. 16 to commemorate the 70th anniversary of the of diplomatic ties between China and Pakistan.
The set will contain one gold coin and one silver coin, both legal tenders, according to a statement from the People's Bank of China (PBC). Both coins feature the national emblem, the country name and year of issuance on the obverse.
The reverse is inscribed with combinations of different pictures, denominations, a logo for activities to mark the 70th anniversary of the diplomatic ties between China and Pakistan, "1951-2021," and a line that reads "the 70th anniversary of the diplomatic relations between the People's Republic of China and the Islamic Republic of Pakistan" in both Chinese and English.
The gold coin, contains eight grams of pure gold and has a face value of RMB 100 (about $15.43). The silver coin, contains 30 grams of pure silver and has a face value of RMB 10.
Its reverse side features the Temple of Heaven in China and the Lahore Castle in Pakistan. It is lined with a combination of decorative shapes such as ginkgo trees and Himalayan cedar branches and leaves.
There is a line that reads "the 70th anniversary of the diplomatic relations between the People's Republic of China and the Islamic Republic of Pakistan" in both Chinese and English, "1951-2021" words and denominations.
The maximum issuing limit of the gold and silver coins will be 3,000 and 10,000 respectively.
The State Bank of Pakistan (SBP) issued a commemorative coin of Rs 70 to mark the 70th anniversary of the establishment of diplomatic relations between China akistan in June 2021.
Pakistan and China enjoy close and friendly relations since the establishment of diplomatic relations in May 1951. Pakistan was one of the first countries that recognized the People’s Republic of China. Over the years, the relationship has blossomed into an “all weather strategic cooperative partnership”. Pakistan considers China as one of its closest friend and partner and China considers Pakistan as its “Iron Brother”.
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