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Chinese shares close higher Tuesday

Xinhua, September 13, 2016 Adjust font size:

China stocks closed higher Tuesday with the benchmark Shanghai Composite Index edging up 0.05 percent to close at 3,023.51 points.

The Shenzhen Component Index closed 0.51 percent higher at 10,514.58 points. The ChiNext Index, China's NASDAQ-style board of growth enterprises, gained 0.01 percent to close at 2,145.87 points.

Combined turnover on the two bourses stood at 397 billion yuan (60 billion U.S. dollars).

Nearly 2,000 shares rose on the two bourses with electronic manufacturing and graphene leading the pack.

China's value-added industrial output, an important economic indicator, increased mildly in August -- an encouraging sign for a slowing economy.

Industrial output expanded 6.3 percent year on year last month, faster than the 6-percent increase for July and the 6.1 percent posted for the same period last year, according to data from the National Bureau of Statistics (NBS) on Tuesday.

Meanwhile, investment in China's property sector picked up slightly with sales showing continued expansion, NBS data showed Tuesday.

Real estate investment rose 5.4 percent year on year in the first eight months of 2016, slightly higher than 5.3 percent registered during the January-July period, according to the NBS. Endi