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GUANGZHOU, Nov. 4 (Xinhua) -- China's first inter-city subway, linking two southern China cities hosting the 2010 Asian Games, started operations Wednesday.The 21-kilometer Guangfo Line connects Guangzhou City with Foshan City, both in the manufacturing hub of the Pearl River Delta region in Guangdong Province.Riders on the subway will find that the travel time between the two cities has been reduced from 90 minutes to 30 minutes, said sources with the subway company Guangzhou Metro.The line has 14 stations and a ride from end to end costs only six yuan (less than one U.S. dollar).Local authorities have been pushing for the increased integration of cities in the Pearl River Delta and consider the operation of the Guangfo Line a big step in that direction.The subway was purposely opened one week prior to the start of the 2010 Asian Games. The competitions will be held in Guangzhou, Foshan, Dongguan, and Shanwei.

BEIJING, Oct. 22 (Xinhua) -- Chinese Vice Premier Zhang Dejiang Friday called for greater efforts to transform China from a country with a large population into one rich in human resources."It is the 'key' to building a moderately well-off society in all respects and for modernization," said Zhang at the opening ceremony of a forum on human resource development in Beijing.He said China must uphold the principle of respecting labor, knowledge, talent and creation, and continue the strategy of building a stronger country by developing human resources.The forum was organized by the Ministry of Human Resources and Social Security as some 570 people from the government, higher-learning institutions and business attended the event.

BRUSSELS, Oct. 6 (Xinhua) -- Chinese Premier Wen Jiabao on Wednesday called on the European Union (EU) to recognize China's market economy status and remove its arms embargo against it.Speaking at a China-EU summit here, Wen said the summit mechanism, the highest-level platform for bilateral political talks, should push for an end to the two outstanding difficulties.The summit should enhance its role as provider of strategic guidance, and clear the way for further advancement of China-EU ties, he told the summit, co-chaired by him, European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso. Chinese Premier Wen Jiabao attends the 13th China-EU Summit in Brussels, capital of Belgium, Oct. 6, 2010.China would work with the EU to achieve balanced and sustainable development of bilateral trade, improve investment environment and enhance cooperation in financial and fiscal policy-making processes, Wen added.Meanwhile, the two sides should make concerted efforts to further expand hi-tech cooperation and people-to-people exchanges, push for the reform of the international financial system and maintain coordination on climate change, energy security and hot regional affairs, the Chinese premier said.All responsible countries in the world should refrain from launching trade or currency wars, Wen said, expressing the hope that the European side would take an objective and fair stance on China's currency exchange rate.Wen said China has expressed its support for and confidence in the 27-member European bloc, and believes that a strong and stable EU is conducive to the world as well as to China.

WASHINGTON, Oct. 10 (Xinhua) -- China would continue reform of the formation mechanism of its currency exchange rate to improve its flexibility, but will do so in a gradual way, Zhou Xiaochuan, Governor of the People's Bank of China, China's central bank, said here on Sunday.Westerners prefer Western medication method that is quick but drastic, while Chinese people prefer traditional Chinese medication that is slower and giving time for different herbs to take effect. A steep rise of Chinese currency yuan would cause harms, Zhou told a group of bankers and reporters during a luncheon speech at the 2010 annual membership meeting of the Institute of International Finance (IIF).Governor of the People's Bank of China (PBOC) Zhou Xiaochuan hosts a press briefing during the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C., capital of the United States, Oct. 8, 2010. To manage Chinese currency issue is a "complicated art," as you have to take into consideration domestic inflation, unemployment rate, gross domestic product (GDP) growth, balance of payments and other factors, he added.IIF, which represents over 420 world leading financial institutions headquartered in more than 70 countries, host its annual membership meeting in Washington D.C. between Oct. 8 and 10, when the International Monetary Fund and World Bank host their annual meetings in the same time.

BEIJING, Oct. 25 (Xinhua) -- China's Ministry of Commerce (MOC) said on Monday it would levy provisional anti-dumping duties of up to 37.5 percent on methanol imported from Indonesia, Malaysia and New Zealand.After a preliminary investigation, the MOC found the three countries had dumped methanol onto the market, causing material damage to Chinese manufacturers.The MOC has imposed provisional anti-dumping duties ranging between 9.3 percent and 37.5 percent effective Oct. 28, according to a news release on its website.The MOC also concluded its investigation into imports from Saudi Arabia, though no evidence of dumping was found.Methanol, also known as methyl alcohol, is used as a basic material to produce chemical products such as plastics, paint, construction materials and windshield cleaning fluid.