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THE HAGUE, June 27 (Xinhua) -- The disputes over the South China Sea between China and the Philippines are not appropriate for a judicial settlement or arbitration, experts said Monday.

In an interview with Xinhua on the occasion of the 95th founding anniversary of the Communist Party of China (CPC), Do Tien Sam, editor-in-chief of the China Research Journal published by the Institute for Chinese Studies at the Vietnam Academy of Social Science, said the global significance of the initiative lies in its feature of connecting the continents of Asia, Europe and Africa.

"We should comprehensively deepen our practical cooperation in all fields ... to push for the common development of our two countries and enrich the meaning of our comprehensive strategic partnership with more cooperation outcomes," Xi told Karimov.

"China upholds a common, comprehensive, cooperative and sustainable security outlook for the region and believes that regional countries shall work together to build and share a path of regional security that benefits all." Hua said.

In 2016, more than 600 PPP projects have been implemented in China, accounting for 23.8 percent of signed PPP contracts. Statistics from the ministry of finance shows that 39 percent of them have private business partners.