Kathmandu, August 1 On the occasion of 62nd anniversary of the establishment of diplomatic relations between Nepal and China, the Beijing-based Embassy of Nepal organised a seminar on ‘Nepali-China Relations for Peace and Prosperity in the Trans-Himalayan Region’ today. Presenting a paper on the seminar’s theme, Hu Shisheng of China Institutes of Contemporary International Relations highlighted that the two countries settled all their outstanding issues soon after the establishment of bilateral relations and developed exemplary relations over the years. Hu said the strong foundations of Nepal-China relations rested on the five guiding principles of peaceful co-existence and sensitiveness to each other’s core national interests. According to a press release issued by the embassy, he also emphasised that both Nepal and China could make significant contributions to peace, stability and prosperity in the trans-Himalayan region. Ambassador of Nepal to China Leela Mani Paudyal shed light on the historical background of Nepal-China relations, and said the seminar was held to commemorate the special significance of the day in the bilateral relations and understanding and appreciation of each other’s aspirations and sensitivities. “The age-old and deep-rooted relations have stood the tests of time and have continued to flourish in multiple dimensions,” he said. Stressing Nepal’s unflinching support to ‘One China’ policy, Paudyal said Nepal was fully committed to its principled stand of not allowing Nepali territory to be used against China. Forty-two representatives from Chinese government agencies, including the Ministry of Foreign Affairs and different universities and think tanks, participated in the seminar.