我如何在mysql中批量插入或更新语句

i know there is a bulk insert in PHP that i can resolve easily in php

$list = array();
foreach($list as $key->$value){   $list[] = "($key, $value)";   }
$query = "insert into tblTest (a, b, c) values ".implode(",", $list);
$r = mysql_query($q);

and i know how to do a insert or update statement:

$insert into tblTest (a,b,c) values (1,2,3) on duplicate key update b=5;

I was not sure if this was the sufficient answer query i would want to run:

INSERT INTO tblTest (a, b, c) 
    VALUES(1, 2, 3) ON DUPLICATE KEY UPDATE b=VALUES(b), c=VALUES(c)