综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Markets

Key Shanghai index rallies amid pro-growth moves

(Xinhua) Updated: 2012-09-07 14:14

BEIJING -- Chinese stocks rallied in the morning session on Friday, helped by the government's decision to invest in infrastructure construction to bolster growth.

The benchmark Shanghai Composite Index gained 4.2 percent to end the morning trading at 2,138.02, after persistently hitting a record low points during previous trading days. The Shenzhen Component Index closed at 8,790.62, up 6.06 percent.

The rally came as the National Development and Reform Commission, the country's top economic planner, earlier this week approved 25 urban rail projects worth more than 800 billion yuan ($126 billion), 13 road projects and a number of schemes for ports and waterways construction.

The move marks the government's latest effort to stabilize growth as external demand remains weak caused by a struggling US economy and the eurozone debt woes.

Investors expect positive changes and a lift in economic growth brought by the new leadership that will take office after the upcoming national congress of the Communist Party of China.

The market rally also tracked gains on Wall Street, which was bolstered by the European Central Bank's announcement of an emergency bond-buying program to assist debt-riddled eurozone countries. The Dow Jones Industrial Average jumped 244.52 points, or 1.87 percent, to 13,292.

Cement and coal shares rose the most Friday morning. Jiangxi Wannianqing Cement Co, the country's leading cement producer, jumped by the 10-percent daily trading limit to 11.06 yuan per share, while coal producer Yanzhou Coal Mining Co climbed 8.26 percent to 18.49 yuan.

Hot Topics

Editor's Picks
...
阜城县| 永兴县| 沅陵县| 库车县| 兴城市| 桐庐县| 买车| 淮滨县| 和顺县| 宁南县| 环江| 资兴市| 安新县| 苍梧县| 辰溪县| 陇南市| 玛沁县| 盐源县| 图们市| 沛县| 吕梁市| 黎川县| 根河市| 新巴尔虎左旗| 勃利县| 汉沽区| 宝山区| 文山县| 龙泉市| 同仁县| 嘉兴市| 安龙县| 甘洛县| 青田县| 临夏市| 家居| 元阳县| 志丹县| 应用必备| 阳原县| 平武县|