Chinese State Councilor Yang Jiechi met with US National Security Advisor Susan Rice and Secretary of State John Kerry in New York on Tuesday, where they discussed how to implement the consensus reached by President Xi Jinping and US President Barack Obama at the G20 Summit in September, according to the Ministry of Foreign Affairs.

They also exchanged views on China-US relations and other issues of concern. The two sides agreed to continue to maintain communications at the highest and other levels.

Both sides agreed to expand practical cooperation and properly manage their differences to steadily push forward bilateral relations, according to the ministry's press release.

The White House also issued a similar statement on Tuesday.

Reuters said on Tuesday that the meeting coincided with a Fox Business Network report that cited two unidentified US officials as saying that the Democratic People's Republic of Korea is preparing to launch an intermediate-range ballistic missile in the next three days.

The launch would be the latest in a series by Pyongyang this year in violation of United Nations Security Council resolutions that ban all ballistic-missile related activities by the DPRK. The DPRK conducted its fifth nuclear test on Sept 9.

US Deputy Secretary of State Antony Blinken visited China,?the Republic of?Korea and Japan last week when the DPRK's nuclear issue was a key topic.

The UN Security Council has been discussing a new draft resolution on additional sanctions on the DPRK.

Foreign Ministry spokeswoman Hua Chunying reiterated on Monday the Chinese stance of reaching denuclearization on the Korean Peninsula, safeguarding its peace and stability, and resolving relevant issues through dialogue and negotiation.

"It serves the interests of all," she said.

"We maintain that actions by the Security Council should help realize the aforementioned goals without impeding normal business cooperation and exchanges between all parties and the DPRK," Hua said.

Reuters contributed to this story.

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