South Korean President Lee Myung-bak on Sunday met with visiting Chinese State Councilor Dai Bingguo in Seoul's presidential office Cheong Wa Dae.

Dai first conveyed the cordial greetings from Chinese President Hu Jintao and Premier Wen Jiabao to Lee, while Lee also asked Dai to convey his sincere regards to his Chinese counterpart Hu and Premier Wen.

In the prolonged meeting, the two sides exchanged views on current situation on the Korean Peninsula and relationship between Beijing and Seoul in an in-depth and frank manner.

Stressing that the current situation on the peninsula is worrisome, the two sides agreed that the parties concerned should make joint efforts to engage in serious contacts and dialogue to ease the tensions and safeguard overall interest of peace and stability on the Korean Peninsula and in the whole Northeast Asia.

Lee expressed his appreciation for China's constructive role in maintaining peace and stability on the peninsula.

On his part, Dai said China has consistently committed itself to peace and stability on the Korean Peninsula, as well as promotion for dialogue.

China opposed any acts that harmed the peace and stability of the Korean Peninsula, he added.

As for the bilateral relations, the two sides agreed that further development of the China-South Korea strategic cooperative partnership is in both sides' interests. They said they are willing to work together to push forward the bilateral ties.