Yes，if you want to process your visa personally, a bank account with at least Rs.50,000 is required; if you will process your visa through a travel agency, then, you may required to provide a bank account with at least Rs.300,000. If your fiancee will be your sponsor, you can provide her bank account when submit your visa application to Chinese embassy. For the detailed information, you can search for the following webpage:
https://www.travelchinaguide.com/embassy/philippines.htm .