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China will modestly raise its budget deficit ratio, issue special sovereign bonds and bolster the scale of local government bonds as part of a slew of macroeconomic policies to cope with impacts of the COVID-19 pandemic, according to a decision made at a key meeting of the Communist Party of China on Friday.

China's National Day is on Oct 1.

China will provide an additional 50 Chinese Government Scholarships Grants for Philippine students on an annual basis from 2019-2021. Both sides will implement the Executive Program of Cultural Agreement between China and the Philippines for 2019-2023 signed during the visit and encourage their cultural institutions and groups to increase exchange of visits.

China will never allow island to be split from motherland, CPPCC chief insistsChina will never allow Taiwan to be separated from the motherland, Wang Yang, chairman of the National Committee of the Chinese People's Political Consultative Conference, China's top political advisory body, said at a seminar in Beijing on Thursday.

China will not close its door to the world, and will only become increasingly open, with its business environment becoming more open, transparent and regulated, Chinese President Xi Jinping said in a congratulatory letter on the opening of the forum Wednesday.