State Bank of Pakistan (SBP) organized a ceremony on June 10, 2021 to issue Rs. 70 commemorative coin to mark the occasion of 70th anniversary of Pakistan-China diplomatic relations. The diplomatic relationship between Pakistan and China were established on May 21, 1951.

A graceful ceremony was held at the SBP office in Islamabad where Honorable Foreign Minister for Pakistan, Mr. Makhdoom Shah Mahmood Qureshi, graced the occasion as the chief guest and unveiled the coin. His Excellency, Mr. Nong Rong, Ambassador of China was the Guest of Honor. At the end of the ceremony, Governor State Bank, Dr. Reza Baqir presented a memento to Mr. Shah Mahmood Qureshi and Mr. Nong Rong.

The Government of Pakistan authorized the SBP to issue the Rs. 70 coin to commemorate the 70th anniversary of Pakistan-China diplomatic relations. These coins are available through the exchange counters of all the field offices of SBP Banking Services Corporation from June 11, 2021.

It may be mentioned that it is the fourth coin of its kind on the subject of Pak-China relations. The first coin of Rs.10 denomination was issued in October 2009, celebrating the auspicious occasion of 60th Anniversary of founding of Peoples Republic of China. The second coin of Rs.20 was issued in May 2011 to celebrate 60th Anniversary of establishment of diplomatic relations between Pakistan and China as Year of Pak-China Friendship - 2011. The third coin was issued in 2015 to mark Pakistan-China Year of Friendly Exchange 2015.

Composition:

Metal composition: Cupro-Nickel, Copper 75% & Nickel 25%
Dimension: 30.00 mm
Weight: 13 grams

Obverse: The waxing crescent moon and five-pointed star facing North West in rising position is in the center on the obverse side of the coin. Along with periphery on the top of the crescent star is inscribed in the wording “ISLAMI JAMHORIA PAKISTAN” in Urdu script. Below the crescent and at the top of two springs of wheat with arms curved upward, there is the year of issuance 2021. The face value of the coin in numerical “70” in bold letters and RUPIA in Urdu script are written on the right and left sides of the crescent star respectively.

Reverse: On the reverse side of the coin, the logo is shown in the Center. The wording “70th ANNIVERSARY OF THE ESTABLISHMENT OF DIPLOMATIC RELATIONS” is written all along the periphery and “Pakistan Aur China” is written in Urdu script at the bottom of the logo. The years “1951 TO 2021” are depicted at the left and right side of the logo indicating the span of seventy years of diplomatic relations.