BEIJING, Oct. 12 (Xinhua) -- China said Thursday it hopes all parties could respond positively to the Sino-Russian proposals to resolve the nuclear issue on the Korean Peninsula.

Foreign Ministry spokesperson Hua Chunying made the comment after the Democratic People's Republic of Korea (DPRK) Foreign Minister Ri Yong-ho said his country wouldn't accept the proposals put forward by China and Russia.

"The joint proposals of China and Russia are reasonable as they accommodate the concerns of all parties in a balanced way, helpful to get out of the current predicament and offer a path to resuming dialogue," Hua said.

China and Russia called on all relevant parties to consider China's dual track approach and suspension for suspension initiative, as well as Russia's step-by-step approach, according to a statement released after the China-Russia consultation on security in northeast Asia.

China has proposed realizing denuclearization on the Korean Peninsula while establishing a peace mechanism. The proposal is that the DPRK suspends its nuclear and missile activities in exchange for the suspension of large-scale U.S.-ROK military exercises.

"The Korean Peninsula situation has been trapped in a vicious cycle of escalating tension, which is rooted in the hostility between the U.S. and the DPRK and their lack of trust or sense of security," Hua said.

"The problem can only be resolved by addressing the justified concerns of all parties in a balanced way and through dialogue and consultation," the spokesperson said.