BEIJING - Foreign Ministry spokesman Guo Jiakun said on Tuesday that China welcomes the US-Russia talks on the Ukraine crisis held in Riyadh, Saudi Arabia and urged all parties and stakeholders to participate in the process of peace talks at the appropriate time.

"On the Ukraine crisis, China believes that dialogue and negotiation is the only viable way out of the crisis and has been committed to promoting talks for peace," Guo told reporters at a regular news briefing in Beijing.

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Guo said that China welcomes all efforts aimed at peace, including the consensus reached by the US and Russia to hold peace talks. "In the meanwhile, we hope that all parties involved and stakeholders can participate in the peace talks process in due course," he said.

According to media reports, top Russian and US officials met in Saudi Arabia on Tuesday to begin talks on improving relations and negotiating an end to the ongoing conflict in Ukraine.