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BEIJING, Oct. 11 (Xinhua) -- China on Monday vowed to continue its financial support to reconstruction projects in areas ravaged by the major Wenchuan earthquake in 2008, promising lower rates on loans and demanding an easier deposit reserve requirement ratio from banks in the regions.The new pledge came in a joint statement on the website of the People's Bank of China, or the central bank, which announced the continued financial support along with the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission.Banks in the quake-hit areas should continue to provide financial support and services to reconstruction projects in the regions, as post-earthquake reconstruction is still in a critical period, the statement said.The magnitude-8.0 quake, with its epicenter in Wenchuan in southwest China's Sichuan Province, left more than 87,000 people dead or missing and more than 374,640 injured. Millions of houses were also flattened during the major quake."We should keep the continuity and stability of our financial support to the regions and make our financial services better targeted and more effective," it said.According to the statement, local banks in the quake-hit areas will continue to enjoy a lower deposit reserve requirement ratio, compared with elsewhere, until June 30, 2011, and such banks will also be exempt from any hike of the reserve requirement ratio during this period.The statement ordered local bank branches in the quake-hit areas to provide prioritized financial services to projects in fields of infrastructure facilities, agriculture, medium and small enterprises, as well as ecological and environmental protection in the region.China's central bank and banking, securities and insurance regulators encourage eligible companies in the quake-hit regions to widen their finance channels through inter-bank short-term bond issuances, bills and other financial instruments, according to the statement.Also, local banks' preferential policies on loans to home reconstruction would remain unchanged in the quake-hit regions, it said.However, loans to projects with high consumption of energy and heavy pollution must be strictly controlled in a bid to facilitate energy-savings and reduce carbon dioxide emissions in the region, according to the statement.Chinese lenders had extended 172.4 billion yuan (25.35 billion U.S. dollars) loans for relief and reconstruction in regions devastated in the earthquake by the end of the first quarter, according to the central bank's figures released in May this year.Outstanding loans at banks in quake-hit provinces, including Sichuan, Shaanxi and Gansu, surged 34 percent year on year to 2.29 trillion yuan at the end of March.

SHANGHAI, Oct. 24 (Xinhua) -- The number of visitors to the Shanghai World Expo 2010 topped 70 million Sunday, meeting organizers' expectations, according to an announcement on the official Expo website.Total visitor arrivals broke the 70 million mark as of 10:17 a.m. Sunday and by 1:30 p.m. some 572,900 visitors had entered the Expo Park on Sunday, the 177th day since the event started, bringing the total number of visitors to 70.28 million."The news is exciting and it's also encouraging for the organizers," said an official with the Bureau of the Shanghai World Expo Coordination.During the eight years since China successfully won the bid to host the 2010 Expo, Vicente Loscertales, Secretary-General of the International Exposition Bureau (BIE), has been asked again and again what's the value of the World Expo when people can get so much information about countries and trade from the Internet.The Shanghai Expo, the first such global event hosted by a developing country in the history of the World Expo, shows to the world that such an event is still relevant, as the huge number of visitors illustrate."You have achieved new records: a record number of participants, a record number of visitors, and you have built the largest site ever," said Loscertales on Oct. 1."I thought Canada was pretty amazing. Not to mention Italy and France, and you just have to go to Thailand!" "How far is it from Morocco to Monaco exactly?" ... this kind of conversation can be frequently heard at the Expo site.People wait in long queues outside the different pavilions, sometimes for 12 hours, to taste a little bit of the world.Mei Haixing, 59, a retired teacher in Shanghai, has so far visited the Expo 28 times.He has written a 400-page diary including pictures, souvenirs and signatures from the different pavilion curators."The Expo is like a huge museum of the different cultures of the world," he said.Sheng Banghe, sociologist with the Shanghai University of Finance and Economics, said what the Chinese are pursuing is no longer at the material level, but the spiritual."They are not satisfied with their current knowledge and entertainment," said Sheng.Many migrant workers have also visited the Expo.Liu Huafeng, a construction worker in Shanghai from central China's Henan Province said he only found out how wonderful urban life could be after visiting the Expo.Although there is still a long way to go to realize migrant workers like Liu's dream of having a better life in cities, the government has already started to think about the problems of urbanization and is trying to find solutions to them.The Shanghai Expo has enjoyed participants from 246 countries and international organizations. It also set a record for the maximum attendance on a single day on Oct. 16 with 1.03 million people visiting it then.Loscertales said the overwhelming success of Shanghai Expo 2010 will inspire future hosts of the event.Already some countries have showed willingness to host the 2020 World Expo, including Thailand.During the last week of the Expo from Oct. 25 to 31 daily visitor numbers will be limited to 400,000 to 500,000, said Huang Jianzhi, deputy director general of the Bureau of Shanghai World Expo Coordination on Oct. 16.Organizers promised to continue to improve their service to visitors until the last day, and make it a "successful, splendid and unforgettable" Expo.

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.

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, Sept. 26 (Xinhua) -- Chinese Public Security Minster Meng Jianzhu on Sunday urged police forces from Beijing and six provincial-level regions around the capital to share information and work closely to beef up security work.Meng made the remarks at a work conference on police cooperation in regions around Beijing.Police chiefs of Beijing, Tianjin, Hebei, Shanxi, Liaoning, Shandong and Inner Mongolia signed a framework agreement for the cooperation.Liu Qi, chief of the Beijing Municipal Committee of the Communist Party of China (CPC), also called for joint and efficient efforts of the police in the regions around Beijing to ensure the regions' security and stability.