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What is the historical significance of the formal establishment of diplomatic relations between China and the United States?
The significance of establishing diplomatic relations between China and the United States mainly includes the following aspects:

1. The long-term dialogue has ended and a new stage of bilateral relations has begun.

2. It has improved the strategic position of the two countries and changed the international strategic pattern, which is of great significance to peace and stability in the Asia-Pacific region.

3. It is conducive to the economic, trade, scientific, cultural and financial exchanges and development between the two countries.

4. China is in the key position of the balance between the United States and the Soviet Union, which makes China's strategic position unprecedented.

Nixon's visit to China promoted the establishment of diplomatic relations between western countries and China, and formed the third diplomatic climax in China's diplomatic history.