Shares rise as Li pushes innovation
SHANGHAI shares rose yesterday after investors’ spirits were lifted by Premier Li Keqiang’s remark that China would push innovation as a key part of its economic restructuring.
The Shanghai Composite Index gained 0.48 percent to 3,233.87 points.
In his annual work report on Sunday, Li said China will propel innovation into a vital key as the economy revamps. China targets a 6.5 percent economic growth “or higher if possible” in 2017, the report said.
Investors will pay attention to the central government’s specific policies on supply-side reform, financial regulations and state-owned enterprises restructuring, analysts said.
China United Network Communications, the country’s second-largest mobile carrier, gained 1.84 percent to close at 7.21 yuan (US$1.05).
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.