China's Position on the Territorial Disputes in the South China Sea between China and the Philippines

For a long time, the Chinese side has stayed committed to implementing the DOC together with parties concerned to safeguard peace and stability of the South China Sea, to resolve relevant disputes through negotiations and consultations with parties directly concerned, and has been upholding the proposition of "shelving disputes and seeking joint development". China has proposed a series of measures that aim to promote maritime cooperation. In November 2011, the Chinese side set up the China-ASEAN maritime cooperation fund with RMB 3 billion, in view of promoting maritime cooperation between China and ASEAN countries in the fields of environmental protection on the sea, maritime science and techono1gy, maritime connectivity, safety of navigation and rescue, as well as combating transnational crimes, and etc. In May 2013, China and relevant ASEAN countries announced the initative of the establishment of China-ASEAN maritime emergency rescue hot-line. China and relevant ASEAN countries are in close communication on the approach to properly handle the South China Sea issue. Positive progress has been achieved in maritime issue consultations and mutually beneficial cooperation. So long as all parties earnestly implement relevant consensus, adhere to consultations and negotiations, promote practical maritime cooperation and joint development, the South China Sea will become a sea of peace, friendship and cooperation.