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BEIJING, Feb. 16 (Xinhua) -- Foreign-funded enterprises in China exported 494.4 billion U.S. dollars worth of machinery, electrical and electronic products in 2009.A document posted on the website of the General Administration of Customs (GAC) said the figure made up 69.3 percent of the country's total exports of such products in the past year.Exports of machinery, electrical and electronic products by privately-owned enterprises totalled 106.6 billion U.S. dollars in 2009, down 8.7 percent from a year earlier, according to the document.State-owned enterprises only exported 92.1 billion U.S. dollars worth of machinery, electrical and electronic products, accounting for 12.9 percent of the country's total machinery, electrical and electronic products last year.The GAC document also said the majority of the country's exports of machinery, electrical and electronic products fell into the category of processing and assembling trade.China's exports of machinery, electrical and electronic products in the category of processing and assembling trade totalled 466.4 billion U.S. dollars last year, making up 65.4 percent of the country's total exports of such products.The country exported 713.1 billion U.S. dollars worth of machinery, electrical and electronic products last year, down 13.4 percent year-on-year. The exports contributed 59.3 percent to China's total exports in 2009.The European Union (EU), the United States of America and Hong Kong were the three major destinations for the China mainland's exports of machinery, electrical and electronic products last year.China exported 1.2 trillion U.S. dollars worth of products last year, down 16 percent from 2008, replacing Germany as the world's largest exporter.

BEIJING, March 2 (Xinhua) -- Chinese Vice President Xi Jinping on Monday urged Party cadres to regard the well-being of the people always as a top priority in order to best achieve the governing purpose of the Party.Xi, also member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, and president of the Party School of the CPC Central Committee, made the remarks at the school's opening ceremony for spring semester.Xi said the Party officials should remember that serving the peole is a basic requirement for the CPC which seeks to apply fundamental Marxist theories to China's socialist cause and modernization drive.Xi called on Party officials to apply Marxist theories to analyzing and solving matters that arise during China's modernization drive in their study of the theoretical system of the socialism with Chinese characteristics.About 1,800 people, including Party officials attending the school's spring sememster and lecturers of the school, attended Monday's ceremony.

BEIJING, March 14 (Xinhua) -- Chinese Premier Wen Jiabao said here Sunday that he is still worried about the safety of China's assets in the United States, urging the U.S. government to take actions to assure foreign investors of its treasury bonds."The instability of the U.S. dollar is a great concern for China's foreign assets," he said at a press conference after the National People's Congress concluded its annual session.Wen said he was "a little bit worried" about the China's assets safety in the United States at the same occasion last year.Chinese Premier Wen Jiabao smiles during a press conference after the closing meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 14, 2010Wen reiterated that China needs to guarantee the "safety, liquidity and good value" of its foreign exchange reserves."Safety is China's top concern for the country's foreign reserve investment," Wen said, noting that China cannot afford any mistake in the management of the country's financial assets.Wen expressed hopes that the United States could take concrete actions to ensure the security of the assets and assure its foreign investors, as the safety of U.S. treasury bonds are guaranteed by its national credibility.According to the U.S. Treasury Department, China held 894.8 billion U.S. dollars in U.S. treasury bonds at the end of last year. This figure, revised up from the previous 755.4 billion U.S. dollars, means China remains the largest overseas holder of U.S. treasury bonds.

BEIJING, Feb. 21 (Xinhua) -- Some 64.15 million people travelled on China's roads on Saturday, the 22nd day of the Spring Festival traffic rush, the Ministry of Transport (MOT) said Sunday.This figure is a 7.8 percent increase compared to the corresponding day last year, as millions of people began to return to work as the one-week holiday neared its end, the MOT said in a statement on its website.The Spring Festival, or Chinese Lunar New Year, fell on Feb. 14 this year. It is the most important Chinese traditional festival for family reunions. Millions of Chinese journey across China during the 40-day rush period beginning Jan. 30.  Passengers queue up for tickets at the Nanchang Railway Station in Nanchang, capital of east China's Jiangxi Province, Feb. 21, 2010. Traval peak occurred throughout China as the Spring Festival holidays endedMore than 29.6 million passengers travelled by train during the Spring Festival week from Feb. 13 to Feb. 19, up 11.9 percent from a year earlier, China's Ministry of Railways (MOR) said Sunday.China's railways also carried 68.64 million tonnes of freight during the period, an increase of 29.7 percent compared to the corresponding week last year, the MOR said.  Passengers enter the Taiyuan Railway Station in Taiyuan, capital of north China's Shanxi Province, Feb. 21, 2010. Traval peak occurred throughout China as the Spring Festival holidays ended.

BEIJING, March 18 (Xinhua) -- China's government is set to order some central state-owned enterprises (SOEs) to quit real estate business as their land acquisitions are blamed for fuelling rise of urban housing prices, spokesman of the state assets watchdog Du Yuanquan said Thursday.The State-owned Assets Supervision and Administration Commission (SASAC) would require 78 centrally-administered SOEs, whose major business was not property development, to withdraw from the business, Du said in a SASAC press conference Thursday in Beijing.The SASAC gave no specific timetable for the withdrawal, but Du said it would require the 78 enterprises to step up business restructuring and gradually pull out of property development after all current real estate projects were finished.Housing prices in China's 70 large and medium-sized cities grew 10.7 percent in February from a year earlier, and were up 0.9 percent compared to the previous month, according to official figures.However, a total of 16 central SOEs, who have property development as major business, such as the China National Real Estate Development Group Corp. and the China Poly Group Corp., would continue in real estate, said Du.