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BEIJING, Feb. 5 (Xinhua) -- China's railways transported about 77.34 million passengers during the fifteen days (Jan. 19 to Feb. 2) before the Spring Festival, the Ministry of Railways said.The figure was about 9.5 percent higher than the same period last year and set a new record, according to a report posted on the ministry's website.There were an average of 5.16 million passengers per day, up 448,000 from the same period last year. On Jan. 29, passengers topped 5.78 million, setting a new record for daily transportation before the Spring Festival, the report said.In the fifteen days before the festival, about 4.80 million passengers left Beijing, 8.39 million left Guangzhou and 5.69 million left Shanghai, while year-on-year growth and those leaving Guangzhou rose the most, up 15 percent year on year, said the report.The ministry said challenges still exist as more snow and rain will hit southern China after the Spring Festival, when passengers are returning.China's busy Spring Festival transportation season runs for 40 days and is calculated in two phases: 15 days before the Spring Festival and 25 days after the Spring Festival, the report explained.

BEIJING, March 7 (Xinhua) -- The Chinese currency Renminbi (RMB), or the yuan, on Monday strengthened to an all-time high of 6.5651 per U.S. dollar, according to the China Foreign Exchange Trading System.Monday's central parity rate of the RMB against U.S. dollar was 20 basis points lower than the previous record of 6.5671 set on last Friday.The yuan has appreciated 3.84 percent since June 19 last year when the People's Bank of China, the central bank, announced it would further reform the exchange rate formation mechanism to improve its flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.The central parity rate of the RMB against the U.S. dollar is based on a weighted average of prices before the opening of the market for each business day.

SAN FRANCISCO, April 19 (Xinhua) -- YouTube announced Tuesday that the much-anticipated British royal wedding of Catherine Middleton and Prince William will be live streamed on the website' s live channel.Next Friday, the live stream will follow the wedding procession, marriage ceremony at Westminster Abbey and balcony kiss, said YouTube in its official blog. The official channel (www.youtube. com/theroyalchannel), will have live blog commentary of the event, and users can also upload video wishes for the couple on the site."This one is already heralded as the first of the Internet age, where for the first time in thousands of years of royal history, the moment will be captured on-line and preserved forever," said the blog post.YouTube, whose parent company is Google, will provide the technical support for the broadcast and the footage will be provided by the BBC.On April 8, YouTube launched live streaming service YouTube Live, including a home page where users can view live events and a live steaming platform on which partners with accounts could stream live content.

SAN FRANCISCO, April 4 (Xinhua) -- Google Inc. on Monday announced that it is bidding for patent portfolio of Nortel Networks in the bankruptcy auction for the Canadian telecommunications equipment maker.In a press release, the Toronto-based Nortel said Google has agreed to buy all of its remaining patents and patent applications for 900 million U.S. dollars in cash.Nortel, which filed for bankruptcy protection in 2009, expects the auction to be held in June this year, pending Canadian and U.S. court approvals.Nortel has selected Google's bid as the "stalking-horse bid," or the starting point against which others will bid prior to the auction.The agreement with Google includes the planned sale of about 6, 000 Nortel patents and patent applications spanning wireless, wireless 4G, data networking, optical, voice, Internet, service provider and semiconductors.According to Nortel, the patent portfolio touches nearly every aspect of telecommunications and additional markets, including Internet search and social networking."This is an unprecedented opportunity to acquire one of the most extensive and compelling patent portfolios to ever come on the market," George Riedel, Nortel's chief strategy officer, said in a statement.Google argued that the bid would help protect it from patent litigation and foster innovation.The technology industry has recently seen an explosion in patent litigation, often involving low-quality software patents, which threatens to stifle innovation, Kent Walker, Google's general counsel, said in a blog post, believing the best defense against such litigation is to have a "formidable patent portfolio. ""So after a lot of thought, we've decided to bid for Nortel's patent portfolio in the company's bankruptcy auction," he said."If successful, we hope this portfolio will not only create a disincentive for others to sue Google, but also help us, our partners and the open source community -- which is integrally involved in projects like Android and Chrome -- continue to innovate," Walker noted.

BEIJING, Jan. 31 (Xinhua) -- Chinese President Hu Jintao and other Party and state leaders have sent greetings to dozens of retired officials ahead of the Spring Festival, according to the General Office of the Central Committee of the Communist Party of China.Former President Jiang Zemin and former Premier Li Peng were on the list of those who received either personal visits from leaders or from representatives, said a statement released by the office on Monday.Hu and the other leaders wished the retired officials good health and long life, said the statement.This year's Spring Festival, or the Chinese New Year, falls on Feb. 3.