III. Cooperation in the fields of Science, Technology, Culture and Education

China and Iceland have had fruitful exchanges and cooperation in the field of geothermal energy and shipbuilding. Since the 1980s, China has sent up to 40 geothermal technicians to Iceland for training courses. From 1998 up to now, China has signed contracts to build 17 ships for Iceland with a total sum of more than US$ 40 million.

China and Iceland signed a culture agreement in 1994. Over the last years, Iceland held Stamp Exhibitions and Art Exhibitions in China. Many Icelandic artists visited China. Chinese Stamp Exhibitions was also held in Iceland, and several Folk Music groups visited Iceland. In 1997, a "China Day" was successfully held in Iceland. President Olafur Ragnar Grimsson and his wife attended the opening ceremony.

By the end of 1999 there is one Chinese student studying in Iceland and 3 Icelandic students in China. Between 1979-1993, China sent coaches of gymnastics, volleyball, badminton and table tennis to Iceland all together 30 person-times.