China is following the development of the situation and the reaction of relevant countries after the Democratic People's Republic of Korea (DPRK) announced the test fire of a communication satellite, Chinese Foreign minister Yang Jiechi said in Beijing on Saturday.

Maintaining peace and stability on the Korean Peninsula is good to the interests of all sides concerned, Yang told a press conference on the sidelines of China's annual parliamentary session.

"We hope all sides concerned should do more for it," he said.

(Xinhua News Agency March 7, 2009)