Assets measured or disclosed at fair value are summarized below (in thousands):


			Fair value measurement or disclosure at December 31, 2011 using
	Total fair value at December 31, 2011		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total Losses
	RMB		RMB		RMB		RMB		RMB
*Fair value disclosure*
Cash equivalents
Time deposits		2,419,726				2,419,726
Money market fund		192,324		192,324


Short-term investments
Held-to-maturity securities
Fixed-rate investments		9,834,275				9,834,275
Adjustable-rate investments		100,027				100,027

*Fair value measurement*
Recurring
Short-term investments
Available-for-sale securities
Adjustable-rate investments		102,682				102,682
Nonrecurring
Long-term investments		—						—		(47,886	)
Intangible assets		—						—		(8,040	)
Goodwill		—						—		(113,011	)

Total assets measured at fair value		102,682		—		102,682		—		(168,937	)


					Fair value measurement or disclosure at December 31, 2012 using
	Total fair value at December 31, 2012				Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total losses
	RMB		US$		RMB		RMB		RMB		RMB			US$
*Fair value disclosure*
Cash equivalents
Time deposits		3,034,443		487,062				3,034,443
Money market fund		4,854,278		779,165		4,854,278
Short-term investments
Held-to-maturity securities
Fixed-rate investments		17,086,252		2,742,533				17,086,252
Long-term investments
Fixed-rate held-to-maturity investments		514,614		82,601				514,614
Long-term notes payable		9,420,285		1,512,060		9,420,285

*Fair value measurement*
Recurring
Short-term investments
Available-for-sale securities Fixed-rate investments		3,514,399		564,100				3,514,399
Adjustable-rate investments		17,073		2,740				17,073
Non-recurring
Long-term investments		—		—						—		(169,180	)		(27,155	)

Total assets measured at fair value		3,531,472		566,840		—		3,531,472		—		(169,180	)		(27,155	)