China's Hu says to continually support dialogue between DPRK, ROK

Hu made the remarks while holding talks with visiting ROK President Lee Myung-bak Monday afternoon in Beijing.

According to Xinhua, it is in the interest of all parties concerned to safeguard the peace and stability of the Korean Peninsular, Hu said, adding China is willing to enhance communication and coordination with all relevant parties and make unremitting efforts in this respect.

China hopes the parties concerned will initiate more moves that help promote peace and stability on the peninsular, he said.

Lee said it is the common goal of the ROK and China to realize the denuclearization of the Korean Peninsular and safeguard its peace and stability.

The ROK appreciates China's efforts in achieving this goal and hopes that China will continue to play a positive role in this respect, Lee said.

Besides the Korean Peninsula situation, the two presidents also discussed the development of bilateral ties, the 20th anniversary of which will be celebrated in 2012.

Hu said the past 20 years has seen expanding cooperation and exchanges between China and the ROK in areas such as politics, trade and culture, as well as good communication and coordination on international and regional affairs.

He also expressed appreciation for the ROK's "understanding and support" on issues including Taiwan and its adherence to the one-China policy.

Lee praised the development of bilateral relations, and called this year an important one for the relations.

The two countries have scored great development of bilateral ties and closer cooperation in various areas in the 20 years. The bilateral relations were especially expanded and deepened since the establishment of the ROK-China strategic partnership of cooperation, Lee said.

Hu said China stands ready to work with the ROK to maintain high-level visits, deepen political mutual trust, strengthen dialogues and exchanges between governments, parliaments and political parties, properly handle sensitive issues and maintain the overall situation of the development of ties.

He called on the two countries to expand cooperation in trade, energy conservation and environmental protection, technology, finance, logistics and electronic business, and to make joint efforts for the realization of bilateral trade of 300 billion U.S. dollars in 2015.

Hu said that China will actively conduct joint research and development under the existing high-tech cooperation framework and promote the construction of a China-ROK industrial park.

He welcomed ROK companies increasing investment in China, and called on the ROK side to make it easier for Chinese companies to invest there.

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