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China pays a great deal of attention to the Korean nuclear issue. We stand for achieving denuclearization of the peninsula in a peaceful way through dialogue and consultation to maintain peace and stability of the peninsula and Northeast Asia.

Since the Korean War, U.S. and South Korea have established an enduring friendship with shared interests, such as denuclearizing the Korean Peninsula, combating aggression abroad and developing our economies.

The endgame is peaceful reunification of the Korean peninsula.

We extend our hand towards peace. Our people are committed to peace. We know that peace entails painful compromise for both sides.

The Unites States used to use law enforcement to aggressively target North Korea illicit activities - counterfeiting U.S. currency, drug-running, counterfeit cigarettes and pharmaceuticals - until diplomacy gutted those efforts. The effort should be reinvigorated.

Our nation must manage significant national security challenges over the next several years. We are already facing a potential conflict with Iraq, new challenges on the Korean peninsula, and key decisions in the president's plans to transform the military.

I will keep the promise I made to you to open a new era on the Korean peninsula, based on strong security and trust-based diplomacy.

The greatest threat to the security of the people of North Korea comes from the government of North Korea.

Through mutual understanding, sincerity and goodwill, and with great wisdom and broad views, the leaders on both sides should jointly initiate new opportunities for peace, stability, cooperation and mutual benefit.