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China's $300 billion sovereign wealth fund, made an unaudited return of more than $10 billion last year on its foreign investments, the China Business News said on Monday.

China's highway mileage will surpass the United States in three years following completion of the ongoing construction boom, said Li Shenglin, Minister of Transport, on Sunday.

The total investment injected into social undertakings by the central government since the fourth quarter of 2008 amounted to 55.58 billion yuan ($8.14 billion), supporting approximately 50,000 projects.

The Sinopec Shanghai Petrochemical Company made a net profit of 2.1 billion yuan ($307.62 million) in 2009 amid the continuing global economic crisis.

China's statistics chief said Friday that there were problems with the method and system in calculating property prices and he promised new measures to correcting them.

Export deals at the 20th East China Fair, which ended Friday in Shanghai, rose 22 percent year on year to $2.73 billion, the fair organizer said.

Second-hand auto sales in China climbed 22 percent last year to 3.34 million units, the China Automobile Dealers Association said Friday.

L'Oreal SA, the world's largest cosmetics maker, reported 17.7 percent growth in full-year sales to 8.18 billion yuan in China, a double-digit gain for the ninth consecutive year in the nation

Global foreign direct investment (FDI) flows are expected to stage a modest recovery this year, with mergers and acquisitions the major cause of the increase in global FDI in the following two or three years, said a top official of a UN agency.

China Unicom has adopted a high-price strategy for iPhone since it introduced Apple's popular smartphone in China in October last year.