The latest military announcement comes after Duterte ordered the army to occupy all Philippines-claimed islands in the South China Sea.
Mr Duterte also emphasised he had no immediate plans to pressure China over an global tribunal's ruling past year that its sweeping claims to most of the sea were unlawful.
Asked about possible joint exercises between the #Philippines and China, Duterte said 'Yes, I said I agree.
He emphasised the deal would have to be "fair and balanced".
The Spratlys are the subject of competing claims among the Philippines, Brunei, Malaysia, Vietnam, China and Taiwan.
Last year, tension between Beijing and Hanoi rose after Taiwan and USA officials said China had placed surface-to-air missiles on Woody Island, part of the Paracels archipelago it controls.
Santa Romana said the Duterte administration was putting the South China Sea dispute on a separate track while pursuing economic and diplomatic relations with China, adding that previously bilateral ties had been "frozen" because the territorial row had taken centre stage.
China had earlier pledged US$15 billion in investment in the Philippines and financing for 15 infrastructure projects, including two railways, a hydroelectric dam and an irrigation system.
Mr. De Venecia floated the idea in his speech in Beijing last Sunday at the opening ceremony of the China-sponsored "Belt and Road" forum, an global summit on the Asian power's ambitious new Silk Road plan.
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"The first session will be next week but this will be a session that will continue on a twice-yearly basis, a chance to exchange views on the South China Sea issue", he said.
"And I'm very happy that they are honest".
China has not publicly announced any such talks.
"It's instruction-based, hands-on and practical and they're doing pretty good", said Sergeant First-class Jay Bal, a Filipino-American who is among 30 members of the Hawaii National Guard training Philippine army engineers and rescue teams.
On July 12, 2016, a United Nations Permanent Court of Arbitration nullified China's so-called "nine-dash line" claiming jurisdiction over the entire South China Sea and awarded the Philippines' exclusive sovereign rights in the area known as the West Philippine Sea.
The Philippines, under then president Gloria Arroyo, entered into an agreement with China and Vietnam in 2005 to jointly study potential oil deposits in the sea.
But the deal was terminated after its legality was questioned, while some officials claimed the Philippines was put at a disadvantage since most of the research site was within the country's exclusive economic zone.
China expects and believes that the two countries will consolidate consensus, enhance trust, and clarify misunderstandings through bilateral talks, while properly handling differences and promoting maritime cooperation, to create conditions for solving relevant disputes, said Hua.