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Markets rise on hopes of more reform

By Wu Yiyao in Shanghai | China Daily | Updated: 2013-10-22 07:24

China's CSI 300 share index, the leading Shanghai and Shenzhen A-share listings, gained 1.9 percent on Monday, the strongest daily gain in six weeks based on hopes for further reforms.

Analysts said Premier Li Keqiang's talk on keeping up the pace of reform and reiterating the policy focus will not change have lifted market sentiment to expect an economic growth rebound.

Li said on Friday at a State Council meeting that there should be no slackening in the implementation of policies that ensure growth targets are met, reported the Xinhua News Agency.

Markets rise on hopes of more reform

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