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MANILA, Oct. 26 (Xinhua) -- Chang Wanquan, Chinese State Councilor and Defense Minister, said in his talks with Philippine President Rodrigo Duterte late on Wednesday that China is willing to broaden and deepen pragmatic cooperation with the Philippines.

Undergoing structural reforms, China is implementing its new concept of innovative, coordinated, green, open and shared development, eyeing a quality growth model driven by innovation.

The China-proposed Belt and Road Initiative and the Three Seas Initiative, promoted by Croatian President Kolinda Grabar-Kitarovic, were "to a large extent compatible", according to the Chinese ambassador.

Over the coming months, he added, the government will release more details about the project and the investors taking part, not just from China, but also other parts of the world.

China's economy continued its firm growth with gross domestic product expanding 6.9 percent year on year in the first three quarters, above the government target of 6.5 percent for the year, according to official data.