China and the US are willing to resolve the concerns of both sides via talks on the basis of an equal footing and mutual respect, Wang Yi, Chinese State Councilor and Foreign Minister said on Friday after meeting US Secretary of State Mike Pompeo.

"Pompeo was accommodating on this as a direction, and said that he does not want current frictions to continue," Wang said.

"Cooperation is the only right choice for China and the United States. It's also the universal expectation of the international community," said Wang, adding that confrontation could only bring a lose-lose situation detrimental to world peace, stability and development.

He said both sides should manage differences and solve problems through dialogue and consultation on the basis of mutual respect and an equal footing so as to guide China-US relations to move forward on the right track.

For his part, Pompeo said the US-China relations are very important, adding the US side expected both the Untied States and China to succeed, and it had no intention of thwarting China's development.

The top US diplomat promised that the US side would adhere to the one-China policy and the position would remain unchanged.

He also called for joint efforts from both sides to strengthen coordination and cooperation on the important issues including the nuclear issue on the Korean Peninsula.

(Source: CCTV News, Xinhua)