BEIJING – China on Thursday appealed for consideration and a response to its proposals of "suspension for suspension" and "dual track approach" to solve the Korean Peninsula nuclear issue.
"There is a high degree of consensus in the international community that the denuclearization of the Korean Peninsula should be realized via diplomatic means in a peaceful way, as this is in the best interests of all sides," Foreign Ministry spokesperson Hua Chunying said at a daily press briefing.
We also encourage parties directly concerned to take the opportunity, show their political courage and make right decision at an early date.
Hua Chunying, Spokesperson, Foreign Ministry, China
She said China's proposal of "suspension for suspension" aims to find a breakthrough while the "dual track approach" plans to resolve all parties' reasonable security concerns via dialogue and consultation in a balanced way thus finding a long-term resolution to the issue.
"We hope parties concerned can consider these proposals and make constructive responses," Hua said.
China welcomes and is open to suggestions from other parties as long as they are conducive to the peaceful resolution of the issue or the restart of dialogue as soon as possible, said the spokesperson.
"Suspension for suspension" and "dual track approach" were first proposed by Chinese Foreign Minister Wang Yi in March.
The idea of "suspension for suspension" is that the Democratic People's Republic of Korea (DPRK) suspends its missile and nuclear activities in exchange for a halt to large-scale military exercises between the United States and the Republic of Korea (ROK).
"Dual track approach" refers to denuclearization of the peninsula on the one hand and establishing a peace mechanism on the other.
"We also encourage parties directly concerned to take the opportunity, show their political courage and make right decision at an early date," the spokesperson said.
Responding to the latest nuclear by the DPRK, the UN Security Council adopted a resolution unanimously on Monday to impose fresh sanctions on Pyongyang.
THAAD DEPLOYMENT HURTS CHINA-ROK TRADE TIES
China’s Commerce Ministry, meanwhile said the deployment of the Terminal High Altitude Area Defense (THAAD) missile defense system in the ROK has affected China-ROK trade.
The deployment "seriously harms China's strategic security interests," Gao Feng, spokesman for the ministry, said at a press conference Thursday.
"[China] hopes the ROK side respects China's major interests and legitimate concerns and properly deals with the issues in question," Gao said.
He also noted that trade ties have been stable in the past few years, "but Sino-ROK cooperation and exchanges rely on public opinion."
Trade between the two countries has huge potential, and China has an active and open attitude toward the economic and trade ties, Gao added.
In the first eight months of this year, the bilateral trade rose 10.4 percent to US$176.11 billion, with China's export to the ROK up 11.9 percent and import from the ROK up 9.5 percent.