A top Chinese mainland official has stressed that the 1992 Consensus is the "essential premise" for cross-Strait negotiations, as well as the foundation for the peaceful development of cross-Straits relations.

Wang Yi, director of both the Taiwan Work Office of the Central Committee of the Communist Party of China (CPC) and the Taiwan Affairs Office of the State Council, made the remark on Thursday in his speech at an opening ceremony for Chongqing-Taiwan Week, which is being held in southwest China's Chongqing municipality.@ In November 1992, the mainland' s Association for Relations Across the Taiwan Straits and Taiwan' s Straits Exchange Foundation reached the consensus during talks on routine affairs that each of the two organizations verbally acknowledges that "both sides of the Taiwan Straits adhere to the one-China principle."

"The 1992 Consensus is indisputable. Cross-Strait relations cannot regress and peace on the Taiwan Strait cannot be lost. The benefits of compatriots from both sides cannot be destroyed," Wang said.

Stating that cross-Straits relations are now in a crucial transitional stage, Wang stressed that safeguarding the current cross-Straits political groundwork is a common responsibility, adding that maintaining the positive trend of exchanges and cooperation is essential for the benefit of both sides.

Wang called upon people on both sides to continue to make concrete efforts to contribute to the peaceful development of cross-Straits relations.