Rapid progress has been made in various fields on friendly relations and cooperation between the People’s Republic of China and the Republic of Korea since the two countries established diplomatic relations on 24 August 1992. In the political field, leaders of both sides have many exchanges of visits and meetings in multilateral activities on the international arena, which have promoted mutual understanding and trust and enhanced the development of bilateral relations. On the economic front, the mutually beneficial cooperation between the two countries has been constantly deepened and the two sides have become important trading partners. Progress has also been made in exchanges and cooperation in the fields of culture, education, science and technology. The two countries' cooperation and coordination in regional and international affairs have also been strengthened.
