BEIJING - China's Foreign Minister Yang Jiechi said Saturday that sanctions are not the fundamental way of solving the Korean Peninsula nuclear issue.

"The Democratic People's Republic of Korea (DPRK) conducted its third nuclear test and tensions on the peninsula once again heightened. This is not something we want to see," Yang said at a press conference on the sidelines of the annual session of the National People's Congress, China's top legislature.

The UN Security Council on Thursday passed resolution 2094, demanding that the DPRK not proceed with further nuclear tests, give up any nuclear arms program, and return to the nuclear Non-Proliferation Treaty (NPT).

The resolution also called for peaceful, diplomatic and political settlement of the current situation and a resumption of the six-party talks which began in 2003 but stalled in late 2008.

Yang said China holds that sanctions are not the end of the UN security council's actions, nor the fundamental way of solving the Korean Peninsula nuclear issue.

The only correct solution to the Korean Peninsula nuclear issue is to hold negotiations and resolve all parties's concerns in a comprehensive and balanced way, he said.