China says willing to pay the price for new North Korea sanctions

BEIJING (Reuters) - China will pay the biggest price from the new United Nations sanctions against North Korea because of its close economic relationship with the country, but will always enforce the resolutions, Chinese Foreign Minister Wang Yi said.

The United Nations Security Council unanimously imposed new sanctions on North Korea on Saturday that could slash its $3 billion annual export revenue by a third.

Speaking at a regional security forum in Manila on Monday, Wang said the new resolution showed China and the international community's opposition to North Korea's continued missile tests, the foreign ministry said in a statement on Tuesday.

"Owing to China's traditional economic ties with North Korea, it will mainly be China paying the price for implementing the resolution," the statement cited Wang as saying.

RELATED: A look at North Korea's missiles

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North Korea's Missiles
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North Korea's Missiles
The scene of the intermediate-range ballistic missile Pukguksong-2's launch test in this undated photo released by North Korea's Korean Central News Agency (KCNA) May 22, 2017. KCNA/via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THIS IMAGE. NO THIRD PARTY SALES. SOUTH KOREA OUT.
The long-range strategic ballistic rocket Hwasong-12 (Mars-12) is launched during a test in this undated photo released by North Korea's Korean Central News Agency (KCNA) on May 15, 2017. KCNA via REUTERS REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THIS IMAGE. NO THIRD PARTY SALES. SOUTH KOREA OUT.
Missiles are driven past the stand with North Korean leader Kim Jong Un and other high ranking officials during a military parade marking the 105th birth anniversary of North Korea's founding father, Kim Il Sung, in Pyongyang, April 15, 2017. REUTERS/Sue-Lin Wong
North Korean leader Kim Jong Un inspects the long-range strategic ballistic rocket Hwasong-12 (Mars-12) in this undated photo released by North Korea's Korean Central News Agency (KCNA) on May 15, 2017. KCNA via REUTERS REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THIS IMAGE. NO THIRD PARTY SALES. SOUTH KOREA OUT. TPX IMAGES OF THE DAY
People cheer as a missile is driven past the stand with North Korean leader Kim Jong Un and other high ranking officials during a military parade marking the 105th birth anniversary of country's founding father Kim Il Sung, in Pyongyang April 15, 2017. REUTERS/Damir Sagolj
Military vehicles carry missiles with characters reading 'Pukkuksong' during a military parade marking the 105th birth anniversary of country's founding father, Kim Il Sung in Pyongyang, April 15, 2017. REUTERS/Damir Sagolj TPX IMAGES OF THE DAY
North Korean leader Kim Jong Un supervised a ballistic rocket launching drill of Hwasong artillery units of the Strategic Force of the KPA on the spot in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang March 7, 2017. KCNA/via REUTERSATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. NO THIRD PARTY SALES. NOT FOR USE BY REUTERS THIRD PARTY DISTRIBUTORS. SOUTH KOREA OUT. NO COMMERCIAL OR EDITORIAL SALES IN SOUTH KOREA. TPX IMAGES OF THE DAY
A fire drill of ballistic rockets by Hwasong artillery units of the KPA Strategic Force is pictured in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang September 6, 2016. KCNA/via Reuters ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. FOR EDITORIAL USE ONLY. NO THIRD PARTY SALES. SOUTH KOREA OUT. THIS PICTURE IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS.
FILE PHOTO - An underwater test-firing of a strategic submarine ballistic missile is seen in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang on April 24, 2016. KCNA/File Photo via REUTERS. ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THIS IMAGE. SOUTH KOREA OUT.
A view of a firing contest among multiple launch rocket system (MLRS) batteries selected from large combined units of the KPA, in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang on December 21, 2016. KCNA/via Reuters ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. FOR EDITORIAL USE ONLY. NO THIRD PARTY SALES. SOUTH KOREA OUT. THIS PICTURE IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS.
Ballistic rocket is seen launching during a drill by the Hwasong artillery units of the KPA Strategic Force in this undated picture provided by KCNA in Pyongyang on July 21, 2016. KCNA/via ReutersATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THIS IMAGE. SOUTH KOREA OUT. NO THIRD PARTY SALES. NOT FOR USE BY REUTERS THIRD PARTY DISTRIBUTORS.Ã TPX IMAGES OF THE DAY
A test launch of ground-to-ground medium long-range ballistic rocket Hwasong-10 in this undated photo released by North Korea's Korean Central News Agency (KCNA) on June 23, 2016. REUTERS/KCNA ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. NO THIRD PARTY SALES. NOT FOR USE BY REUTERS THIRD PARTY DISTRIBUTORS. SOUTH KOREA OUT. NO COMMERCIAL OR EDITORIAL SALES IN SOUTH KOREA. THIS PICTURE IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. TPX IMAGES OF THE DAY
A new multiple launch rocket system is test fired in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang March 4, 2016. REUTERS/KCNA ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS PICTURE IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. NO THIRD PARTY SALES. SOUTH KOREA OUT. NO COMMERCIAL OR EDITORIAL SALES IN SOUTH KOREA
A rocket is launched during a demonstration of a new large-caliber multiple rocket launching system attended by North Korean leader Kim Jong Un (not pictured) at an unknown location, in this undated file photo released by North Korea's Korean Central News Agency (KCNA) on March 22, 2016. REUTERS/KCNA/Files ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. NO THIRD PARTY SALES. SOUTH KOREA OUT. NO COMMERCIAL OR EDITORIAL SALES IN SOUTH KOREA. THIS PICTURE IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. TPX IMAGES OF THE DAY
A rocket is fired during a drill by anti-aircraft units of the Korean People's Army (KPA) in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang November 3, 2015. REUTERS/KCNA ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS PICTURE IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. NO THIRD PARTY SALES. SOUTH KOREA OUT. NO COMMERCIAL OR EDITORIAL SALES IN SOUTH KOREA.
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"But in order to protect the international non-proliferation system and regional peace and stability, China will as before fully and strictly properly implement the entire contents of the relevant resolution."

China has repeatedly said it is committed to enforcing increasingly tough U.N. resolutions on North Korea, though it has also said what it terms "normal" trade and ordinary North Koreans should not be affected.

The latest U.N. resolution bans North Korean exports of coal, iron, iron ore, lead, lead ore and seafood. It also prohibits countries from increasing the numbers of North Korean laborers currently working abroad, bans new joint ventures with North Korea and any new investment in current joint ventures.

DOOR TO DISCUSSIONS?

Wang said that apart from the new sanctions, the resolution also made clear that the six party talks process, a stalled dialogue mechanism with North Korea that also includes Russia and Japan, should be restarted.

China appreciated comments earlier this month by U.S. Secretary of State Rex Tillerson that the United States does not seek to topple the North Korean government and would like dialogue with Pyongyang at some point, Wang added.

The United States does not seek regime change, the collapse of the regime, an accelerated reunification of the peninsula or an excuse to send the U.S. military into North Korea, Tillerson said.

Wang said Tillerson's "Four Nos" promise was a positive signal.

China "hopes North Korea can echo this signal from the United States", Wang added.

Speaking at the same forum on Monday, Tillerson held a door open for dialogue with North Korea saying Washington was willing to talk to Pyongyang if it halted a series of recent missile test launches.

SEE ALSO: Tillerson in Thailand presses for more action on North Korea

North Korea said the latest sanctions infringed its sovereignty and it was ready to give Washington a "severe lesson" with its strategic nuclear force in response to any U.S. military action.

The successful testing of two intercontinental ballistic missiles (ICBMs) last month suggested the reclusive North was making technical progress, Japan's annual Defence White Paper warned.

"Since last year, when it forcibly implemented two nuclear tests and more than 20 ballistic missile launches, the security threats have entered a new stage," the Japanese Defence Ministry said in the 563-page document released on Tuesday.

"It is conceivable that North Korea's nuclear weapons program has already considerably advanced and it is possible that North Korea has already achieved the miniaturization of nuclear weapons and has acquired nuclear warheads," it said.

South Korea reiterated further resolutions against Pyongyang could follow if it did not pull back.

"North Korea should realise if it doesn't stop its nuclear, missile provocations it will face even stronger pressure and sanctions," Defence Ministry spokesman Moon Sang-gyun told a regular news briefing. "We warn North Korea not to test or misunderstand the will of the South Korea-U.S. alliance."

RELATED: Satellite images of the Punggye-ri nuclear test site in North Korea

26 PHOTOS
Satellite images of the Punggye-ri nuclear test site in North Korea
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Satellite images of the Punggye-ri nuclear test site in North Korea
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - APRIL 2, 2017. Figure 1. Activity continues at the North Portal. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - APRIL 2, 2017. Figure 2. Possible new dumping observed at the North Portal spoil pile. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - APRIL 2, 2017. Figure 3. Probable personnel in formation or equipment in rows at the Main Administrative Area. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 30, 2017. Figure 1. No vehicles or trailers remain around the North Portal but well-worn paths are observed. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 30, 2017. Figure 2. No new dumping of material on the North Portal spoil pile. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 30, 2017. Figure 3. Small collection of crates or trailers seen in previous imagery has been removed. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 28, 2017. Figure 3B. Formations seen in the Main Administrative Area, similar to what was seen in lead up to 2013 nuclear test. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 28, 2017. Figure 2. Material dumped at the North Portal tailings pile. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - JANUARY 4, 2013. Figure 3A. Formations seen in the Main Administrative Area in lead up to 2013 nuclear test. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 28, 2017. Figure 1. Continued activity at the North Portal. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 25, 2017. Figure 1. Probable cabling and water drainage seen at the North Portal. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - OCTOBER 19th, 2016: Figure 6: Excavation continued underground in the North Portal area suggesting more tests to come in the same tunnel complex directly under Mt. Mantap. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - JANUARY 5th, 2017: Figure 7: The North Portal spoil pile continued to expand into 2017, becoming increasingly broader. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - JANUARY 22nd, 2017: Figure 8: Late January 2017 imagery showing new spoil on top of recent snow. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - OCTOBER 19th, 2016: Figure 9. A close-up of the North Portal spoil pile as it appeared in late October 2016. The unstable spoil can sometimes lead to accidents, as in this case of toppled rail cars downslope. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - FEBRUARY 12th, 2017: Figure 10. A close-up of the North Portal spoil pile from February 2017 shows that accumulations had begun move westward with a broadening of the top and bottom west side of the pile. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 7th, 2017: Figure 1. DigitalGlobe imagery showing large shipping container or crate seen at the North Portal. Date: March 7, 2017. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 7th, 2017: Figure 2. DigitalGlobe imagery showing no changes to pattern and texture of tailings (spoil) pile at the North Portal. Date: March 7, 2017. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 7th, 2017: Figure 3. DigitalGlobe imagery showing a small vehicle present at the West Portal. Date: March 7, 2017. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 7th, 2017: Figure 4. DigitalGlobe imagery showing a truck present in the southern courtyard of the Main Administrative Area. Date: March 7, 2017. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 7th, 2017: Figure 5. DigitalGlobe imagery showing a truck present at the sites Command Center. Date: March 7, 2017. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - MARCH 7th, 2017: Figure 6. DigitalGlobe imagery showing snow cleared at guard barrack and security checkpoint. Date: March 7, 2017. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - OCTOBER 24, 2016: Figure 2. No activity seen at the Sohae launch pad. Date: October 24, 2016. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - OCTOBER 24, 2016: Figure 3. Environmental shed remains adjacent to the vertical engine test stand. (Photo DigitalGlobe/38 North via Getty Images)
PUNGGYE-RI NUCLEAR TEST SITE, NORTH KOREA - OCTOBER 29, 2016: Figure 1C. Increased activity around the North Portal throughout October. Date: October 29, 2016. (Photo DigitalGlobe/38 North via Getty Images)
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